Bitcoin news

Satoshi Nakamoto Could Become the Second Richest Person in the World

The alleged creator of Satoshi Nakamoto could become the second richest person in the world if Bitcoin will maintain its annual growth rate of 50%, according to a Bloomberg analyst ETF Eric Balchunas.

Stored at Satoshi Around 1,1 million BTC, equivalent to $114 billion at current market prices, could surpass the net worth of Warren Buffett and Mark Zuckerberg if Bitcoin continues to rise.

According to the latest Forbes Billionaires list, the Berkshire Hathaway CEO is worth about $2 billion as of June 154, making him the sixth-richest person in the world.

Meta co-founder follows closely behind Elon Musk with a net worth of $216 billion.

Arkham Intelligence estimates that when Bitcoin rose above $110,000, estimated assets Satoshi of 1,1 million BTC briefly surpassed $120 billion in value, surpassing the net worth of Nvidia’s CEO. However, the price of BTC soon fell below $105,000.

Coins Satoshi were mined in the early days of Bitcoin and have remained untouched since Bitcoin’s creator disappeared from public view in 2010.

Its assets account for approximately 5% of all existing bitcoins, making Satoshi the largest holder of the main cryptocurrency.

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