Satoshi's Bitcoin Fortune Surges to $120 Billion

Satoshi Nakamoto's Bitcoin Holdings Surpass $120 Billion, Ranking 11th Richest Globally

Recent data from Arkham Intelligence reveals that Bitcoin's pseudonymous creator, Satoshi Nakamoto, now holds an estimated $120 billion in Bitcoin. This staggering amount places Satoshi as the 11th wealthiest individual in the world, based on unofficial rankings.

Closing In on the Top 10

To break into the top 10, Satoshi would need to overtake Google co-founder Sergey Brin, whose net worth currently stands at $143 billion. The surge in Satoshi's wealth is directly tied to Bitcoin's recent price rally, which pushed the cryptocurrency to an all-time high of $112,000 last week. As of now, Bitcoin remains near the $110,000 mark.

The Enduring Mystery of Satoshi's Identity

Despite the immense value of these holdings, Satoshi Nakamoto's true identity remains unknown. While numerous theories have circulated over the years, none have been confirmed. Galaxy founder Mike Novogratz has even speculated that Satoshi may no longer be alive.

BlackRock's Bitcoin ETF on Track to Overtake Satoshi

In a related development, reports suggest that BlackRock's Bitcoin ETF could surpass Satoshi's total Bitcoin holdings by next summer. However, if institutional adoption accelerates this year alongside continued price growth, this milestone might be reached even sooner.