For years, one major fear centered on wallets linked to and the chance that roughly 1.1 million BTC could suddenly move. The Finney-Sassaman version softens that risk. In that reading, inaccessible keys turn a long-standing overhang into a fading tail risk.
At the same time, the ownership picture has changed. Strategy said on April 20 that it held 815,061 BTC. BlackRock’s iShares Bitcoin Trust held about 806,700 BTC this week, placing the two entities together in the same range as the founder’s estimated stash.
That shift helps explain why origin story carries less weight in trading and adoption debates. Large institutions now command balances that rival the founder’s estimated share. As a result, attention has moved toward liquidity, infrastructure, regulation, and capital flows rather than biography.
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