A New Class of Digital Assets for Institutional Investors: Rare Satoshis BTC$BTC has long been referred to as "digital gold," but it turns out that there are genuine collectible gems among the millions of satoshis—the smallest unit of BTC.
Here are my thoughts after reading Tyler McKnight's article about Rare Satoshis recently: medium.com/@mcknighttyler486/r...
Because of Ordinal theory, certain satoshis are given special status based on when they were mined (such as the first satoshi in a block, after a halving, or after a difficulty adjustment): Rare, Epic, Legendary, and in the future, even Mythic.
Institutions are beginning to pay attention. Sotheby's has begun listing Rare Sats in the five-figure range, and ViaBTC sold an Epic Sat from the halving block for 33.3 BTC$BTC ($2.1M). These are digital-native collectibles that can be verified completely on-chain. They fall somewhere between cryptographic history and fine art. The mining pool WhitePool, which was started by WhiteBIT, is cited as an excellent illustration in the article. Not only do they mine
Bitcoin, but they also track and tag rare satoshis in real time, transforming them into structured, high-end digital assets for institutional investors.
What I learned from the article is that rare satoshis are more than just a cryptocuriousness; rather, they are a new category of blockchain-native assets that have the potential to appear on company balance sheets as verifiable, finite, and high-value BTC components.
In addition to consuming energy, Proof-of-Work is a precise mechanism for creating digitally scarce assets. So here's the big question: will the first Mythic satoshi, which will be issued in 2032, become the most valuable satoshi ever created for Bitcoin?
