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Bitcoin

MemeBitcoin Raises $8M Strategic Round to Scale Its Public Race Toward Satoshi's Wallet

September 1, 2026 — MemeBitcoin (MBTC), the Bitcoin-native project that turns the race to reach Satoshi's wallet into something anyone can join, has raised $8 million in a strategic round bac

AnonymousCryptoCompass newsroom
September 1, 2026
6 min read
NEWS
MemeBitcoin Raises $8M Strategic Round to Scale Its Public Race Toward Satoshi's Wallet
CryptoCompass editorial visual for bitcoin coverage.

September 1, 2026 — MemeBitcoin (MBTC), the Bitcoin-native project that turns the race to reach Satoshi's wallet into something anyone can join, has raised $8 million in a strategic round backed by Gemhead Capital, Archer Capital, M2M Capital and Mayer Venture.

The round will fund the project's next phase of growth, including a global community campaign, full public launch and preparation for exchange listings.

A deadline crypto has never taken seriously

MBTC is built on one of crypto's oldest unanswered questions. An estimated 1,096,361 BTC sits in Satoshi-era wallets whose public keys have been visible on-chain since 2009. For most of Bitcoin's history, that exposure was a theoretical concern. Progress in quantum computing is what has changed the timeline.

MBTC's answer is to make the problem participatory. Through the project's web app, users generate and test candidate private keys against Satoshi's public key, complete missions and share content, with every action logged as a contribution. No tokens are pre-allocated to the team; the entire supply is distributed through participation.

The project describes its goal in two parts: to generate enough public pressure that Satoshi-era coins are moved somewhere safer before quantum hardware matures and, if they are never moved, to get there first using the data and collective effort its community builds along the way.

Key metrics

MBTC reported the following figures as of late August 2026, all reached without paid advertising:

With 18,350 of 23,700 registered users active on a given day, roughly 77% of the user base returns daily — unusual at this stage, when large registration spikes typically fade within days. Most of that growth has come from referrals by existing participants rather than paid acquisition.

"Quantum computing is the problem crypto has spent fifteen years assuming someone else would solve later," said Rodney Uesaka, Co-Founder of MemeBitcoin. "But the public keys in Satoshi-era wallets have been exposed since 2009, and if those keys are ever broken, the industry Bitcoin created is what stands to lose the most."

"You don't need to be an expert to care about this. What has been missing is a way for ordinary people to take part," Uesaka added. "Tens of thousands of people now join this race every day, and the community that has formed around it is MBTC's single biggest asset. This round is about giving them a better place to do it, and pushing the conversation about how we protect Satoshi-era Bitcoin across the industry before it is too late."

Use of proceeds

The capital will go toward MBTC's whitelist early access phase, which opens the full site, forum, wallet connect, and PoV (Proof of Viral) activation, followed by a global KOL campaign, full public launch, and preparation for spot and futures listings on centralized exchanges.

The team behind MBTC has done this before. Its previous token went from launch to listings on Binance Alpha, Binance Futures, Bybit Futures, Bitget, Kraken, HTX, and HashKey, and into the global top 50 by market capitalization.

About the investors

Gemhead Capital

Gemhead Capital has built a reputation for identifying and investing in projects that go on to list on Binance. Its portfolio includes COOKIE (Binance Spot), NILLION (Binance Spot) and PRAI (Binance Futures), as well as Whitebridge, RCADE and AIAV, across more than 70 total investments. That consistent track record of backing projects that reach top-tier exchange listings has made the firm a sought-after partner for early-stage teams.

Archer Capital

Archer Capital has built its reputation on early-stage project selection and strategic investment, focusing on projects with long-term growth potential and industry influence. Its most prominent investment is Ethena, where the firm participated in the early round alongside global top-tier crypto investors including Dragonfly, Binance Labs, Bybit, OKX Ventures, Kraken Ventures, Hashed, GSR, Amber Group, and Gemini.

Ethena went on to grow rapidly from an early-stage project into one of the industry's leading protocols, with its synthetic dollar product USDe becoming one of the most recognized products in the market and protocol TVL surpassing $4 billion at its peak. Ethena was subsequently listed on both Binance Spot and Coinbase, and entered the top 100 by market capitalization on CoinMarketCap.

Archer Capital was also an early investor in Renzo Protocol. Renzo raised $3.2 million in its seed round, with Archer Capital investing alongside well-known institutions including Maven 11, Figment Capital, SevenX Ventures, OKX Ventures, Mantle, Paper Ventures, Robot Ventures, Bitscale Capital, Protagonist, and Re7 Capital, joined by more than 30 individual investors from leading DeFi protocols, node operators, funds, and the DeFi veteran community. Renzo has since become one of the core projects in Ethereum's restaking sector, further validating Archer Capital's early-stage judgment.

This history of co-investing with top-tier institutions reflects the reputation Archer Capital has built in the industry, the breadth of its institutional network, and its ability to identify strong projects at an early stage.

M2M Capital

M2M Capital is an investment and strategic advisory firm focused on Web3 and AI, aiming to identify potential unicorn projects and support their ecosystem and capital growth. It operates a comprehensive support structure spanning early-stage investment, ecosystem building, and strategic advisory. Among the projects it invested in or incubated in 2026, several — including Nexst, 2u2.ai, Swarmbase, and Metya — have received OKX listing offers.

Mayer Venture

Mayer Venture focuses on strategic investment in high-potential projects and frequently co-invests with other professional investment firms to support projects at the intersection of AI and Web3. A recent example is its $1 million strategic investment in VitalChain together with M2M Capital. As the firm puts it, "Investment is not only capital — it is access to institutional networks, strategic resources and long-term ecosystem opportunities."

About MemeBitcoin (MBTC)

MemeBitcoin is a Bitcoin-native meme project centered on an open, collective attempt to reach Satoshi's wallet before quantum computing does. MBTC runs on BNB Smart Chain with 8 decimals and a total supply of 210,000,000,000 — exactly 10,000 times Bitcoin's 21 million — released on a 10-minute cadence with a halving every four months.

Emission has been live since January 2026, and all tokens are distributed through participation rather than pre-allocation.

Website: www.memebitcoin.org · X: x.com/1096361BTC · Telegram: t.me/mbtc_official

Media contact: [email protected]