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Satoshi Nakamoto, Bitcoin’s enigmatic founder, has climbed to the 11th wealthiest individual globally, with an estimated $130 billion in assets. This surge is driven by Bitcoin’s record-breaking price of around $118,000 per coin, elevating Nakamoto’s untouched holdings to new heights. Their wealth, tied to an estimated 968,000 to 1.1 million BTC mined between 2009 and 2010, represents roughly 5% of Bitcoin’s total supply, placing them above billionaires like Michael Dell and Amancio Ortega.
Bitcoin’s Surge Powers Nakamoto’s Wealth
The recent Bitcoin rally, fueled by strong institutional investments and ETF inflows, has boosted Nakamoto’s fortune by nearly $40 billion in just three months. These coins, held in dormant wallets, have remained untouched since Bitcoin’s early days, as confirmed by Arkham Intelligence’s analysis of Nakamoto’s holdings. This remarkable growth underscores Bitcoin’s growing role in global finance and Nakamoto’s enduring legacy as its creator, despite their anonymity.
Also Read: The Evolution of Blockchain: From Bitcoin to Web3
The Future of Nakamoto’s Fortune
Nakamoto’s rise sparks speculation about Bitcoin’s potential to reshape wealth rankings. To surpass Elon Musk as the world’s richest, Bitcoin’s price would need to reach approximately $366,241, valuing Nakamoto’s holdings at around $401 billion. While their identity remains unknown, Nakamoto’s wealth continues to captivate investors and crypto enthusiasts, symbolizing the transformative power of decentralized finance. As Bitcoin’s influence grows, Nakamoto’s fortune may climb even higher.
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FAQs
Who is Satoshi Nakamoto?
Satoshi Nakamoto is the pseudonymous creator of Bitcoin, who introduced the cryptocurrency in 2008. Their true identity remains unknown.
How much Bitcoin does Nakamoto own?
Nakamoto is estimated to hold 968,000 to 1.1 million BTC, about 5% of Bitcoin’s total supply, valued at $130 billion at current prices.
Why hasn’t Nakamoto used their Bitcoin?
The reason Nakamoto’s coins remain untouched is unclear. Theories include maintaining anonymity or a commitment to Bitcoin’s decentralized principles.
Can Nakamoto become the richest person?
If Bitcoin’s price reaches $366,241, Nakamoto’s fortune could hit $401 billion, potentially making them the world’s richest person.
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