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Satoshi Nakamoto's Wealth Reaches $129 Billion Amid Bitcoin Surge

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by Giorgi Kostiuk

5 hours ago


Satoshi Nakamoto's wealth has significantly increased, now totaling $129.1 billion, bringing him closer to Warren Buffett in global wealth rankings.

Satoshi Nakamoto's Treasure

According to data, Satoshi Nakamoto possesses about 1.096 million Bitcoins, stored in 22 different wallets. These wallets have remained untouched for over ten years, and despite the inactivity, Bitcoin enthusiasts occasionally send small amounts to these addresses as a sign of respect.

Bitcoin Price Surge

Recently, Bitcoin's price increased by nearly 8 percent, rising from $108,920 to $117,570, and reaching a new all-time high of about $120,000. This trend has significantly increased Satoshi's wealth from the initial period in 2009.

Impact on Financial Markets

Bitcoin's market capitalization briefly surpassed Amazon's, reaching $2.337 trillion compared to Amazon's $2.338 trillion. With each rise in Bitcoin's value, the financial influence of its creator, Satoshi Nakamoto, continues to grow, bringing him closer to Warren Buffett's wealth.

With Satoshi Nakamoto's wealth reaching $129 billion amid a rapid increase in Bitcoin's price, this may signify one of the most remarkable movements of personal wealth in history.

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