Bitcoin Statue Stolen in Lugano; Reward Offered for Information

Satoshi Gallery announced on August 3rd that its Satoshi Nakamoto statue in Lugano, Switzerland, has been stolen, offering 0.1 Bitcoin for information leading to its recovery.

The theft underscores the symbolic importance of crypto culture artifacts, although no financial market repercussions were observed, reflecting the incident’s limited impact on cryptocurrency dynamics.

Satoshi Statue Theft Sparks Debate on Public Art Security

The Satoshi Nakamoto statue in Lugano was stolen, with Satoshi Gallery offering a 0.1 Bitcoin reward for its return. Despite this setback, spokespersons emphasize,

The project’s agenda to place Satoshi Nakamoto statues in 21 cities remains unaltered. This theft has not altered financial markets or institution reactions due to its anecdotal representation rather than an on-chain event.

“You can steal our symbol, but you can never steal our soul.”

The community maintains its committed stance, with no notable comments from prominent industry figures or influencers. The focus is mainly on reclaiming the artwork and reaffirming dedication to the project’s goals.

Bitcoin’s Market Holds Steady Amid Artistic Controversy

Did you know? In historical precedent, crypto monuments rarely face theft, emphasizing Lugano’s incident’s rarity and its unique impact on the community’s morale.

Bitcoin’s current price is $113,797.32, with a market cap of $2.26 trillion as of August 3, 2025. Market dominance is 61.48%, with trading volume down by 21.09%. Over 90 days, Bitcoin has gained 20.66% according to CoinMarketCap data.

Coincu research indicates possible increased focus on security protocols for publicly displayed crypto art following the theft. This event may encourage enhanced safety measures for similar installations to preserve high-profile artistic sites.