Statue Found in Pieces

The statue was retrieved from the lake in several broken parts by Lugano city workers, indicating the event may have been an act of vandalism rather than theft. It was noted that the statue had only been welded to the base at two points on its feet, making it relatively easy to detach. Following its disappearance, Satoshigallery offered a reward of 0.1 BTC (approximately $11,000) to anyone who could help recover it.

“You Can Steal Our Symbol, But Never Our Soul”

Created by Italian artist and Bitcoin advocate Valentina Picozzi, the statue was unveiled in October 2024 and had since become a strong emblem of the Bitcoin community. According to the artist, the planning and construction of the statue took a total of 21 months. The attack drew strong reactions from the community. Pointsville CEO Gabor Gurbacs expressed his frustration on X, stating, “Such a tasteless and foolish act… I hope the perpetrators are caught.”

Some users speculated that intoxicated individuals during the August 1st Swiss National Day celebrations might be responsible for the vandalism. Bitcoin advocate Gritto shared a similar opinion. Tether CEO Paolo Ardoino responded to the statue’s recovery with just a heart emoji. Satoshigallery, on the other hand, released a resilient message saying, “You can steal our symbol, but never our soul.” The collective also reaffirmed its commitment to placing similar statues in 21 locations around the world.

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According to sources close to the matter, the funding consists of $200 million in equity and $100 million in convertible debt. While the initiative hasn’t been officially announced yet, it is reportedly preparing for a reverse merger with a company listed on Nasdaq, paving the way for its public debut in the near future.

On May 7, Bailey responded to the swirling speculation with a brief post on X, simply writing, “No comment.”

Nakamoto to Follow a Bitcoin-Centric Strategy

Nakamoto’s business model draws inspiration from MicroStrategy, which under the leadership of Michael Saylor, became known for holding large amounts of Bitcoin on its balance sheet. However, this new venture aims to take things further by acquiring companies in global markets like Brazil, Thailand, and South Africa—using Bitcoin as part of its financial core.

The project is reportedly backed by well-known investors and guided by a team of seasoned advisors from both the crypto and traditional finance worlds.

A New Wave of Institutional BTC Vehicles

Bailey’s move reflects the broader resurgence of institutional interest in Bitcoin. Just weeks earlier, Twenty One Capital, founded by Strike’s Jack Mallers and backed by Tether, SoftBank, and Cantor Fitzgerald, made headlines with its ambition to rival MicroStrategy as the leading vehicle for capital-efficient Bitcoin exposure.

Meanwhile, on May 7, Strive Asset Management, founded by former U.S. presidential candidate Vivek Ramaswamy, unveiled its plan to restructure into a Bitcoin treasury firm. It is set to raise approximately $1 billion via stock and debt issuance, with the sole aim of accumulating BTC.

Bitcoin-Focused Firms on the Rise

Industry observers point to the rapid growth in the number of BTC-centric public companies as a clear sign of shifting sentiment. These firms are not just investing in crypto—they are redefining their entire corporate identity around Bitcoin.

The acceleration of this trend suggests that institutional Bitcoin adoption is entering a new and more aggressive phase, with a growing number of firms reshaping their strategies to align with the digital asset revolution.

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Satoshi Nakamoto Production The Rise of Bitcoin

The price of Bitcoin reached a significant milestone on April 5, Satoshi Nakamoto’s birthday. As of 2025, Bitcoin surpassed the $ 100,000 level and began to attract more institutional investors worldwide. This rise has ensured that Bitcoin is accepted not only as an investment tool, but also as a “protection tool” against economic crises. Investors prefer Bitcoin as a store of value against inflationary pressures thanks to its limited supply structure.

Institutional Acceptance of Bitcoin Although Bitcoin was seen as a speculative asset in its early years, it has begun to be accepted by many major financial institutions and states over time. Especially as of 2024, the US has begun to evaluate Bitcoin as a strategic reserve asset and official steps have been taken in this regard. Bitcoin’s digital asset status has been reinforced with the executive order of US President Donald Trump. This shows that Bitcoin can be an important financial tool not only for investors but also for states and central banks.

In addition, as Bitcoin’s influence in the global market increases, changes are also observed in economic strategies between countries. Countries such as China and Russia have begun to see Bitcoin as a solution in their search for alternative currencies against the dollar. This further strengthens the role of Bitcoin’s decentralized structure in the world financial system.

The Identity of Satoshi Nakamoto

The identity of Satoshi Nakamoto is still unclear. By choosing to remain anonymous, the creator of Bitcoin has managed to make radical changes for both the digital currency and the wider global economy. Among the speculations about Nakamoto’s identity, the names of some cryptographers and technology leaders have been mentioned, but the strongest theories still remain a mystery. This mystery reinforces the decentralization principle inherent in Bitcoin. Nakamoto’s anonymity transformed Bitcoin from just a piece of software into a social movement. This shows that Bitcoin is not dependent on any one person or institution, but grows with the general trust and contributions of society.

This article may also interest you: Altcoin Total Trading Volume Returns to Pre-FTX Bankruptcy Levels

Satoshi Nakamoto’s Legacy and Future

The emergence of Bitcoin is more than just an effort to create a currency. While Bitcoin transformed the global financial system, it also promoted broader ideals such as economic independence and decentralization. Nakamoto’s vision was to build a financial system independent of central authorities, and this vision is becoming a reality with Bitcoin’s widespread use around the world. Bitcoin’s resistance to inflation, decentralization, and open-source nature make it a critical player in the global financial system.

“The Cornerstone of Economic Sovereignty” Anndy Lian states that Bitcoin is not just a digital asset, but also a cornerstone for economic sovereignty. Lian emphasizes that Bitcoin’s fixed supply structure is one of the most important features that distinguishes it from traditional fiat currencies. Bitcoin, thanks to its decentralized and secure structure, has the feature of being a store of value independent of the control of states and central financial institutions. This makes Bitcoin a resilient asset in the face of global economic crises and inflationary pressures.

Bitcoin and the US on the Way to Becoming a Digital Reserve Asset

The US’s acceptance of Bitcoin as a strategic digital reserve asset further solidifies Bitcoin’s place in the global financial system. The Trump administration argues that Bitcoin can transform the financial system and protect the US’s economic sovereignty with this digital asset. In particular, Bitcoin’s limited supply makes it a “store of value” comparable to precious metals such as gold. Accepting Bitcoin as a US reserve asset could change the global economic order in the long term.

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