The renowned ‘epic satoshi’ from the fourth halving block, also known as Sat # 1,968,750,000,000,000, fetched a price of 33.3 bitcoins, valued at just over $2.13 million on Thursday afternoon Eastern Standard Time. This satoshi, the smallest denomination of BTC, was sold for an astonishing 338 billion percent more than the typical value of a satoshi.
Block 840,000’s ‘Epic Satoshi’ Shatters Records in $2.13M Sale
On April 25, 2024, Coinex, a subsidiary of Viabtc Group, sold the ‘epic satoshi‘ from block 840,000, otherwise known as the halving block. The scarce satoshi is one out of only four ‘epic satoshis’ ever created as it represents the first satoshi attached to the halving block reward.
Originally, the crypto exchange Coinex set the initial bid to 1 BTC; the following day, it increased to 2 BTC. Since then a slew of bids have rolled in and by Thursday morning the artifact had a bid of more than 10 BTC. Over the last few hours, the bidding war increased and finally ended at 12 p.m. Eastern Time at the 33.3 BTC mark or approximately $2,134,452 in value.
The satoshi is the most expensive satoshi ever sold as rare satoshis are traded on a few non-fungible token (NFT) marketplaces. At 33.3 BTC for the ‘epic sat,’ the satoshi saw a premium of 338,801,904,661% higher than the actual worth of a common satoshi which is $0.00063.
What do you think about the ‘epic satoshi’ auction raking in 33.3 bitcoins for the satoshi? Share your thoughts and opinions about this subject in the comments section below.
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