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1/ Multisig has helped protect 1000s of BTC during the Coldcard incident, and the reasons might surprise you.
Here are a few ways multisig offered protection beyond the simple redundancy of multiple keys:
Gold supply mined so far: ~250,000 tons
Gold supply in Earth's crust: ~440,000,000 tons
Possible gold in 16 Psyche asteroid: ~Billions of tons
A NASA mission gets there in 3 years to investigate.
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The largest UTXO in existence is worth 130,010 BTC and has been sitting comfortably in a multisig address (3-of-5) for 15 months now.
Multisig is popular at the highest institutional levels, but it's also a security model accessible to anyone.