Highlights
Bitcoin creator Satoshi Nakamoto’s net worth crossed $133 billion on Monday as the Bitcoin price reached a new all-time high (ATH). The milestone puts Nakamoto in good company as he now ranks among the wealthiest individuals in the world.
According to Arkham data, the Bitcoin founder’s BTC holdings have surged to as high as $133 billion. This increase comes as the flagship crypto reached a new ATH of $123,000.
Satoshi Nakamoto holds 1.096 million BTC and is the largest Bitcoin holder. The increase in his fortune puts him among the wealthiest billionaires in the world, even ahead of the Binance founder Changpeng “CZ” Zhao. The former CEO of the top crypto exchange boasts a net worth of $51.3 billion.
Meanwhile, Bloomberg data shows that the Bitcoin founder would rank as the 11th richest person alive, just ahead of Michael Dell and Bill Gates, who boast a net worth of $137 billion and $123 billion, respectively.
It is worth noting that Satoshi Nakamoto is still well ahead of asset manager BlackRock and Strategy, which boast the second and third-largest Bitcoin holdings. However, Bloomberg analyst Eric Balchunas predicts that the asset manager could surpass the BTC founder by next year. BlackRock’s Bitcoin ETF just crossed the 700k milestone.
Interestingly, despite the growing fortune, the Bitcoin founder has never moved any coins from their public wallet. The coins are publicly traceable on the blockchain, and their continued inactivity has led to ongoing discussions about Nakamoto’s identity.
Satoshi Nakamoto’s last confirmed public communication occurred in 2011. Since then, there has been no verified contact. Consequently, the crypto community has continued to debate whether the BTC creator is alive or has chosen to remain silent to preserve Bitcoin’s decentralization.
As Bitcoin reaches a new ATH, the total market capitalization of the cryptocurrency has climbed to nearly $2.5 trillion. This puts it on par with some of the largest public companies in the world, surpassing Amazon’s AMZN to become the fifth-largest asset.
Institutional interest is also rising due to concerns about inflation and currency devaluation. Strategy (formerly MicroStrategy), for example, now holds 600,000 BTC, ranking first among public companies in BTC holdings, following a recent $472 million purchase. Like BlackRock, the company could eventually surpass Satoshi Nakamoto.
Meanwhile, if Bitcoin continues to rise, the Bitcoin founder could surpass Elon Musk’s wealth. According to the Kobeissi Letter, a Bitcoin price of $370,000 would make Nakamoto the richest person, known or unknown, in the world.
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