Overview of Satoshi’s background holdings
Bitcoin was created in 2009 by the pseudonymous data-ct-non-breakable=”null” href=”https://cointelegraph.com/learn/articles/who-is-satoshi-nakamoto-the-creator-of-bitcoin” title=”null”>Satoshi Nakamoto, whose identity remains unknown. Between 2009 and 2011, Satoshi mined an estimated 1.1 million-1.5 million BTC — now worth over $100 billion — which has never been moved.
Satoshi’s massive Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” title=”null”>BTC) holdings were mined in Bitcoin’s early days, when competition was low and data-ct-non-breakable=”null” href=”https://cointelegraph.com/learn/articles/what-are-the-different-ways-to-mine-cryptocurrency” title=”null”>mining was easy. Their long silence has fueled speculation. Some believe the data-ct-non-breakable=”null” href=”https://cointelegraph.com/learn/articles/private-keys-vs-seed-phrases” title=”null”>private keys are lost, while others see it as a deliberate decision to uphold…
