Did You Know? Over 20% of All Bitcoin May Be Gone Forever!
According to Chainalysis, a leading blockchain analytics firm, more than 20% of all Bitcoin ever mined—around 3.7 million BTC—is considered permanently lost. That’s hundreds of billions of dollars, gone.
Here’s how most of it vanished:
🔑 Lost private keys or wallet access
💻 Accidentally discarded hard drives with BTC wallets
🪙 Early miners never backed up their coins when BTC had little value
⚰️ Holders passed away without sharing access
With Bitcoin capped at 21 million coins, this lost BTC means the actual circulating supply is even smaller—making Bitcoin rarer than most realize.
💡 Fun fact: A British IT worker once lost a hard drive with 7,500 BTC in a landfill and has been trying to retrieve it ever since.
This extreme scarcity is a big reason why Bitcoin is often referred to as “digital gold.”