SATX is a BRC20 inscription issued on the blockchain token that matches the smallest unit of Bitcoin on a 1:1 ratio.
100 million satoshis equal 1 Bitcoin. The quantity of SATX is 2,099,999,997,690,000, corresponding to the precise amount of 20,999,999.9769 Bitcoins after 33 mining epochs and 32 halvings, not 21 million.
The deployment date of SATX aligns with the initial BRC20 ecosystem, marking 12 years since the departure of Satoshi Nakamoto, the founder of blockchain, from Bitcoin development. This may be a deliberate design by believers in honor of Nakamoto.