Accidental Bitcoin Transfer Pushes Satoshi Nakamoto’s Genesis Wallet Over 100 BTC

Based on the latest data, the well-known Genesis address owned by Satoshi Nakamoto now holds over 100 BTC after someone inadvertently sent 0.10754671 BTC, valued at $7,211, to the wallet. The current value of the wallet, which has never been spent, is estimated at $6.75 million.

Shortly after Bitcoin’s 15th anniversary, an individual accidentally transferred 26.917 BTC, worth $1.8 million, to the Genesis wallet that initiated the network. This address, since its creation, has always contained a hardcoded block reward of 50 BTC and has collected numerous dust transactions over the years. Following the addition of 26.917 BTC, Nakamoto’s wallet held 99.676 BTC and has since received additional funds.

On May 17, at block height 843,872, an individual mistakenly sent 0.10754671 BTC, valued at $7,211 at current exchange rates, to the wallet. Arkham Intelligence, an onchain monitoring and data platform, was the first to identify this erroneous transfer. “Someone accidentally sent 90% of their BTC holdings to Satoshi Nakamoto last night,” Arkham stated on X. “They were attempting to sacrifice an Ordinal for [Pups Token], but accidentally sent almost their entire wallet balance as well – around $7K in BTC.”

Regrettably, the sender will not be able to retrieve the BTC. Despite occasional accidental transactions, the renowned Genesis address of Satoshi Nakamoto remains a symbol of the creator’s mysterious nature. This address, holding a substantial portion of the earliest mined bitcoins, underscores the lasting legacy of its pseudonymous founder. As the Bitcoin network continues to evolve, the untouched funds in this wallet stand as a symbolic representation of the foundation upon which this revolutionary technology was built.