Bitcoin’s Logo: 15 Years of Evolution

Bitcoin’s pseudonymous creator, Satoshi Nakamoto, unveiled a new logo for Bitcoin on this date 15 years ago. Major crypto exchange Binance tweeted about this historical fact, highlighting its significance in Bitcoin’s journey.

> Celebrating 15 years since the first Bitcoin logo!
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> From a simple design to a global symbol, Bitcoin has come a long way.
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> Here’s to more innovation and growth! pic.twitter.com/4JOeFcuLg9
> — Binance (@binance) February 24, 2025

On Feb. 24, 2010, Satoshi presented a new Bitcoin logo, replacing the letters “BC” with “₿” etched into a gold coin. In a post that day, Satoshi asked the community for feedback on a second version of the Bitcoin logo that saw the “₿” letter embedded in a gold coin. The first logo included a gold coin with the inscription “BC” embedded in the center.

Satoshi then incorporated community suggestions into the new logo and made the copyright-free images available in the public domain, which was briefly accepted as the official Bitcoin logo.

On Nov. 1, 2010, a community member named bitboy created a new version, replacing the gold coin with an orange circle and rotating the “₿” sign 14% clockwise, establishing Bitcoin’s current visual identity.

Bitcoin’s Exponential Growth

At the time of the logo reveal in February 2010, Bitcoin was worth only pennies, having a price of zero when launched in January 2009. Its first major price increase occurred in October 2010, when the value of a Bitcoin began to rise above $0.10.

Fast forward to the present, and Bitcoin reached an all-time high of $109,114 on Jan. 20, 2025, and was trading at $95,997 with a market capitalization of $1.9 trillion.

Bitcoin has evolved from a novel experiment to a mainstream financial asset. Earlier this month, Michael Saylor of MicroStrategy relaunched as “Strategy” and implemented a Bitcoin-themed visual marketing strategy.