Second Satoshi Nakamoto Statue Unveiled in El Salvador’s Bitcoin Beach

A new monument honoring Bitcoin’s mysterious creator, Satoshi Nakamoto, has been unveiled in El Zonte, El Salvador—also known as “Bitcoin Beach.” This coastal town, central to El Salvador’s bold cryptocurrency experiment, now hosts a twin statue to the one installed in Lugano, Switzerland. Despite being 9,625 kilometers apart, both monuments share an identical design and a unified message: Bitcoin’s growing cultural and geopolitical impact.

The statue appeared in April 2025 and has sparked fresh conversations in the crypto community. While statues may not affect market dynamics, they often influence sentiment—and this one reinforces El Salvador’s unwavering Bitcoin stance. Since adopting Bitcoin as legal tender in 2021, the country has stayed firmly in the spotlight. El Zonte, in particular, became a symbol of grassroots Bitcoin adoption long before the government’s official embrace.

Publicly available data shows that El Salvador currently holds 6,147.18 BTC, valued at approximately $523.5 million. This includes a memorable 2022 purchase of 80 BTC at $19,000 per coin during a steep market downturn—an act seen by some as visionary and by others as risky.

The monument’s arrival is being interpreted as a reaffirmation of President Nayib Bukele’s pro-Bitcoin policy. It also marks another milestone in Bitcoin’s transformation from a niche digital asset into a global cultural force. As interest in Bitcoin surges amid price breakouts and growing institutional adoption, symbolic gestures like this help to solidify its presence not just in portfolios, but in public consciousness.

With crypto influencers and investors closely watching El Salvador, the Satoshi statue serves as both a tribute and a statement: Bitcoin is here to stay.