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Crypto Prune > News > Crypto > Bitcoin > Satoshi’s Bitcoin Fortune surges to $120 billion
Bitcoin

Satoshi’s Bitcoin Fortune surges to $120 billion

7 months ago 1 Min Read

According to recent data provided by Arkham Intelligence, Nakamoto’s Bitcoin Holdings, a leading cryptocurrency pseudo-technologist, is over $120 billion.

This makes Satoshi the 11th wealthiest person in the world, according to unofficial rankings.

Satoshi needs to surpass Google co-founder Sergey Brin, according to his reaching the top 10.

Satoshi’s net worth has experienced a notable boost due to the large Bitcoin price rally. Last week, cryptocurrency spiked to a new all-time high of $112,000. At the time of press, the hovering will continue near the $110,000 level.

However, it is worth noting that the identity of the creator of Bitcoin remains unknown despite countless theories. Furthermore, Mike Novogratz, founder of Galaxy, is sure Satoshi is no longer alive.

In the meantime, as reported by U.Today, BlackRock’s Bitcoin ETF is currently on track to surpass Satoshi in full holdings by next summer. However, this could happen earlier this year when an institution’s adoption picks up steam due to a massive rally in Bitcoin prices.

See also  Institutional investors will reach $33.6 billion in Bitcoin ETF holdings in the second quarter
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