Imagine having 94,504 Bitcoin.
Well, someone does.
A transaction took place last week that saw $1.4 billion worth of Bitcoin moved into a wallet.
Early speculation suggested it was a sign of mysterious Bitcoin creator Satoshi Nakamoto — the potential owner of a million Bitcoin.
The public key (37XuVSEpWW4trkfm vWzegTHQt7BdktSKUs) has received 34 other transactions on the Bitcoin ledger, many of them for mere fractions of a Bitcoin.
One analyst has linked the sending accounts to Huobi Global, a cryptocurrency exchange located in Singapore.
$1 Billion+ $BTC was transferred in one transaction yesterday. Where did that come from? 🤔— TokenAnalyst (@thetokenanalyst) September 6, 2019
We took a look and saw that a large percentage of it could be traced to @HuobiGlobal addresses pic.twitter.com/4jdeYMgyNG
Surprisingly, this is not the largest number of Bitcoin ever moved.
A transaction of 500,000 Bitcoin took place back in 2011, long before the cryptocurrency’s price skyrocketed.
Today, that much Bitcoin would be worth $7.4 billion.
Liquidating that much coin would certainly take a lot of trips to Bitcoin ATMs.
What could you buy with $1.4 billion?
A lot, obviously.
Avocado addiction means young Australians are struggling to buy homes, but with $1.4 billion, you could buy some prime real estate. Mansions, castles, towers, penthouses would all be in your price range.
Perhaps you have always wanted to make a movie. Avengers: Endgame cost an estimated $550 million to produce — it’s well within your price range to make the highest grossing film of all time.
How about an experience? Well, you could always go to the moon. Elon Musk is planning on sending Japanese billionaire Yusaku Maezawa to our nearest celestial neighbour. The whole project is slated to cost around $7 billion, but you only need to buy one ticket after all.
It’s such a short trip to the moon and back, so maybe you want something a bit more timeless.
Leonardo da Vinci’s Salvator Mundi is the most expensive painting ever sold. The 16th century depiction of Jesus fetched a price tag of around $700 million, back in 2017.
One question though: does it suit your décor?
Salvator Mundi by Leonardo di Vinci (c. 1500)