An exceptionally scarce digital collectible known as an “epic satoshi” has been auctioned off for a record-breaking sum of 33.3 Bitcoin (BTC), equating to over $2.13 million. The landmark sale occurred on the CoinEx Global cryptocurrency exchange platform.
The “epic satoshi” refers to the very first satoshi (the smallest fraction of a Bitcoin) that was minted from the most recent Bitcoin halving event block mined on April 20th. Only four of these ultra-rare sats exist due to Bitcoin’s quadrennial healing process.
The epic satoshi carries a distinct serial number assigned under Bitcoin’s Ordinals system, which tracks the origination details and mining order of each individual satoshi unit. This traceability imbues select sats with heightened collector appeal and scarcity value.
After a heated bidding war involving 34 participants, an anonymous buyer secured the rights to this singularly rare satoshi bearing the identifier “1,968,750,000,000,000” earlier this week. The winning bid dwarfed the next highest offer of 20 BTC.
While a regular satoshi is currently valued at just $0.00065, the unparalleled scarcity and historic nature of “epic sats” allow these particular collectibles to command exponentially higher premiums in the market.
The soaring multi-million dollar price paid highlights the immense enthusiasm among collectors and investors for acquiring key pieces of Bitcoin’s digital history and limited supply rarities.