Satoshi Nakamoto, the elusive creator of Bitcoin, holds approximately 1.96 million BTC according to reports. At today’s trading price of $109,677, the value of this stash totals nearly $120 billion. This makes Nakamoto the 11th richest person on the planet, owning 5.2% of all Bitcoin ever mined, as per Arkham Intelligence.
Bitcoin price recently reached a new all-time high of $112,000. The surge more than doubled its previous peak of $67,000 from November 2021. As of now, Bitcoin’s market capitalization stands at $2.16 trillion, slightly ahead of Amazon’s $2.13 trillion. Thus, putting it among the top five most valuable assets globally.
Michael Saylor’s firm, Strategy, acquired 4,020 BTC between May 19 and 25, bringing its total holdings to 580,250 BTC. The increased BTC treasury earned the company $5.1 billion. Thus, inspiring other major players like Tether and SoftBank to follow suit.
The rise of spot Bitcoin ETFs has further driven institutional adoption by allowing easier access to BTC without private key management. ‘Rich Dad Poor Dad’ author, Robert Kiyosaki, praised Bitcoin as ‘real money’ and warned against over-reliance on fiat currencies.
While Bitcoin adoption grows, the mystery of Satoshi’s fortune looms. The wallets linked to Nakamoto have remained untouched since 2011, fueling years of speculation. A potential sale of even 100,000 BTC could shake global markets. For now, those coins remain untouched, deepening the most enduring mystery in crypto history. Even minor movement from these addresses could potentially trigger massive market reactions.
Also Read: Is Pi Network Founder Nicolas Kokkalis the Real Satoshi Nakamoto?