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Satoshis

Sats, or Satoshis, the smallest denomination of Bitcoin.

Satoshis

One Bitcoin can be subdivided into 100 million satoshis, or sats, which are named after the pseudonym of the creator of Bitcoin, Satoshi Nakamoto. As of June 21, 2023, one sat is worth about $30,000/100,000,000, or about 0.03 cents ($0.0003). Other denominations of BTC include the microbitcoin, or one-millionth of a Bitcoin, and a millibitcoin, which is one thousandth of a Bitcoin. The Lightning Network allows transfers of Bitcoin as granular as 1 thousandth of a satoshi, which is not possible on the Bitcoin blockchain itself.

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