Satoshi Nakamoto Statue Installed at the New York Stock Exchange
The New York Stock Exchange has become the sixth venue to display Valentina Picozzi’s “disappearing” Satoshi Nakamoto statue, reflecting the broader shift in sentiment toward digital assets on Wall Street.
In a post on X on Wednesday, the NYSE described the installation as common ground between emerging systems and established institutions.
The placement was arranged by Bitcoin (BTC) firm Twenty One Capital, which began trading this week. The piece was created by Picozzi, who wrote on X under her Satoshigallery handle that seeing the work at such a prominent location was remarkable, noting that the 6th/21 statues in the series is now installed at the NYSE.
The installation aligns with the anniversary of the Bitcoin mailing list, launched by Satoshi Nakamoto on Dec. 10, 2008.
Bitcoin’s path from concept to mainstream asset
Nakamoto mined the genesis block on Jan. 3, 2009, creating the first 50 Bitcoin and initiating the network that later spurred a global crypto industry. On May 22, 2010, programmer Laszlo Hanyecz conducted the first recorded purchase using Bitcoin, paying 10,000 BTC for two Papa John’s pizzas.
In the years that followed, Bitcoin and other cryptocurrencies faced skepticism from financial institutions and banks, while policymakers were alleged to have pursued restrictive measures, including efforts described as Operation Chokepoint 2.0. Sentiment has since shifted, with high-profile skeptics, including BlackRock CEO Larry Fink, revising their views, and traditional finance firms moving to gain exposure through exchange-traded funds and direct holdings of Bitcoin in corporate treasuries.
Public companies, private firms, sovereign entities and ETFs collectively hold more than 3.7 million Bitcoin, according to Bitbo, valued at over $336 billion.
Additional Satoshi statues planned
Picozzi has installed five other Satoshi statues worldwide, located in Switzerland, El Salvador, Japan, Vietnam, and Miami, Florida. She has stated a plan to place 21 statues globally, a likely nod to Bitcoin’s theoretical maximum supply of 21 million.
She has described Nakamoto as a defining figure of the era and said the works honor the creator of Bitcoin. The sculpture is designed to evoke a sense of disappearance, reflecting how Nakamoto endures through the Bitcoin code and the first decentralized payment system.
The figure depicts a stereotypical hacker seated with a laptop, serving as a tribute to the developers and programmers who contributed to building the Bitcoin ecosystem and advocating for transparency and freedom.
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