New Satoshi Nakamoto Statue Unveiled in Tokyo Amid Bitcoin Price Surge

A new statue honoring the enigmatic creator of Bitcoin, Satoshi Nakamoto, has been unveiled in Tokyo, Japan, coinciding with a significant jump in the cryptocurrency’s price to reach $95,000. This latest addition joins a growing collection of similar statues that have popped up in Switzerland and El Salvador, each featuring a minimalist depiction of the creator shrouded in a hood while using a laptop constructed from vertical metal slats. The Tokyo statue joins this unique display signifying the impact of Bitcoin’s early origins in Japan and echoes the country’s pivotal role in the cryptocurrency movement. This comes after the second Nakamoto statue was unveiled earlier this month, mirroring the one erected in Lugano, Switzerland – a city leading the way with Bitcoin-backed public services and financial initiatives. The statues serve as symbolic reminders of the global recognition of Satoshi Nakamoto’s influence on both ideology and cultural impact. Even with their geographically separated locations, these statues share a common message – highlighting the widespread acceptance and significance of Bitcoin’s ideology worldwide. Notably, this unveiling coincides with Bitcoin’s price surge toward $95,000, indicating growing interest in the cryptocurrency. According to Arkham, Satoshi Nakamoto’s estimated holdings currently stand at around $103.57 billion based on a Patoshi mining pattern and blockchain analytics firm estimations. The event has also garnered attention from Paolo Ardoino, CEO of Tether, who co-signed the Tokyo announcement with a retweet on X.