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Finding Satoshi Nakamoto: VanEck’s Matthew Sigel Revives Jack Dorsey Thesis

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Finding Satoshi Nakamoto: VanEck’s Matthew Sigel Revives Jack Dorsey Thesis

Matthew Sigel of VanEck reiterated his claim that Jack Dorsey could be the creator of Bitcoin, Satoshi Nakamoto.

He said new evidence and patterns support his view and called for further review as Bitcoin remains near a $2 trillion market value.

Matthew Sigel Restates Theory Linking Dorsey to Satoshi Nakamoto

In his latest post on X, Matthew Sigel, a top executive at VanEck, has restated his view that Jack Dorsey could be the creator of Bitcoin.

It is worth noting that Sigel first shared this opinion in a detailed post on X a few months ago.

Sigel issued a new statement on social media after several reporters contacted him following Dorsey’s recent investor event.

He said his conviction had increased and that he had nothing more to add.

In his previous account, Sigel described the evidence as a mix of technical parallels, timing patterns, and other links.

He stated that, although the evidence is not definitive, it is broad enough to warrant further attention.

Matthew Sigel stressed that this is his personal view and not the opinion of VanEck.

In the post, he also stated that the theory could benefit the market if it were examined openly.

Again, Sigel noted that Bitcoin’s design is decentralized, so no one person could control it.

He added that addressing the question of Satoshi’s identity might reduce speculation about the early Bitcoin holdings, especially the 1.1 million coins believed to belong to the creator.

According to Sigel, if Dorsey is Satoshi Nakamoto, he could clarify plans for succession and safety. This, Sigel said, would boost confidence in Bitcoin’s long-term stability.

Satoshi Nakamoto Profiling | Source: Matthew Sigel

He encouraged other researchers to review the evidence, noting that new analysis could either confirm or disprove the theory.

Market Interest and Bitcoin Holdings

In a separate development, the question of whether Satoshi will move any Bitcoin continues to attract attention.

A Polymarket prediction shows only a 2% chance that any Bitcoin associated with Satoshi will move in 2025.

This implies that most investors anticipate these early coins to remain unaltered.

Sigel said understanding the potential actions of Satoshi Nakamoto remains important considering that Bitcoin has a peak capitalization above $2 trillion.

Some theories link early holdings to other figures, which has created speculation about the market’s impact.

He added that transparency could reduce uncertainty. If the identity of Satoshi were better understood, it could ease fears about large Bitcoin sales.

Sigel stated that clear communication could enhance investor confidence and bolster the market as Bitcoin adoption expands globally.

Encouraging Research and Analysis

It is important to add that Sigel called on analysts and researchers to examine the evidence.

Sigel credited independent work from several individuals, including Sean Murray, for helping him build the case.

He said new reviews could strengthen or challenge the argument that Dorsey is Satoshi.

He emphasized that even if Satoshi’s identity remains unknown, careful examination is valuable.

Sigel said that if Dorsey is Satoshi Nakamoto, sharing plans for succession and safety would align with Bitcoin’s decentralized principles.

He suggested that such steps would improve market confidence at a time quantum computers poses serious threats.

Sigel’s renewed statement shows that the question of finding Satoshi Nakamoto remains a topic of interest for both analysts and investors.

The combination of technical analysis, timing patterns, and market data ensures that this discussion will continue.

Notably, as Bitcoin continues to grow in value and adoption, questions about its creator remain important for the market and for those tracking the history of the digital currency.

Sigel’s call for further study underscores the importance of careful research and discussion.

Moses K
Written by
Moses KVerified

Moses K is a crypto journalist covering markets, regulation, and blockchain trends. He has written for The Coin Republic, Coinchapter, Cryptopolitan, Cryptotale, Coinspeaker, and MPost. Known for his concise, data-driven reporting, Moses focuses on price analysis, on-chain metrics, and policy developments shaping the global digital asset landscape.

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About this article

PublishedNovember 27, 2025 6:42 am
Last updatedNovember 27, 2025 4:46 am
Written byMoses K
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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