Who Is Satoshi Nakamoto? Bitcoin's Mysterious Founder, Now The 11th Richest Man On Earth
Satoshi Nakamoto's reserve of 1.096 million BTC is currently valued at approximately $129 billion, positioning him as the 11th wealthiest individual in the world.
Who is Satoshi Nakamoto? This enigma has intrigued the internet long before cryptocurrency became widely popular. Although the identity of the individual who created Bitcoin (a decentralized currency valued in the trillions) remains unknown, his reserve of 1.096 million BTC is currently estimated to be worth around $129 billion, positioning him as the 11th wealthiest individual globally.
A report from Coin Telegraph, referencing blockchain analytics company Arkham, indicates that following Bitcoin's rise above $120,000 for the first time, Nakamoto's assets have surpassed those of Michael Dell, the CEO of Dell Technologies, whose net worth stands at $125.1 billion.
The fascination surrounding this mystery has only intensified, as Nakamoto has not touched the coins despite the astronomical increase in Bitcoin's value. While the Forbes Billionaires List does not account for cryptocurrency wallet assets in its rankings, Nakamoto's status is likely to rise as Bitcoin's value continues to climb.
According to Bloomberg ETF analyst Eric Balchunas, if Bitcoin maintains its historical growth rate of 50 percent annually, Nakamoto could potentially become the second-richest person in the world by the end of 2026.
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