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What will happen to Satoshi's stash of 1.1 million Bitcoin?
In an article on the X platform, he referred to conversations with industry participants during the Bitcoin 2026 conference in Las Vegas. He mentioned that a consensus is beginning to form on how to handle Satoshi-era coins. He wrote: "Satoshi coins (P2PK) should not be touched."
He warned that "violating his rights could be catastrophic for Bitcoin's fundamental value." Satoshi's holdings of Bitcoin, totaling about 1.1 million Bitcoin, are distributed across approximately 22,000 addresses. Thorne emphasized that this structure makes coordinated attacks less feasible. He said:
"The risks are less than many realize — Satoshi coins are stored in about 22,000 addresses, each holding 50 Bitcoin. Any long-term attack would have to breach them all (meaning it's not one giant trap)."
The executive compared these inactive wallets to more active targets within the ecosystem. He pointed out that "large targets are mostly trading platforms or active entities that can upgrade to a PQ address if needed, so they are mostly not realistically vulnerable."📈💯❤️❤️🥰🥰💫💫💫🌟