Maybe someone was trying to make a philosophical point about the existence of a truly selfless act.

My theory its a big "thank you" - Its actually not that stupid or weird if the sender does not care about the money. Maybe an early bitcoin adopter that hodled, and is now a multi-millionaire. If I was that person, I would feel a need to say "thank you" to the person that made this possible. If Satoshi is alive - no matter if he can access the wallet or not, he definitely would see this a thank you and a way of appreciation. If he is dead, well, at last the public can see that there are people that cleary valued his work - something like a monument. Plus, by burning the bitcoin, value should increase for everyone hodling, so a shout-out to the peers.

And yes, one could argue why not give away this incredible amount of money to charity. But then I ask myself why do I go out to a restaurant and order ribeye steak and an IPA on Saturday, instead of having spaghetti at home and give the 50$ to the next homeless person.

> Any theories or context known?

My money is on a "thank you Satoshi for Bitcoin's 15th".

See my post elsewhere in the thread.

Lost a bet? Fat fingered an address? Glad it wasn’t my million.

A stunt to cheaply move the price.