Satoshi's Bitcoin Fortune Surpasses Michael Dell's
Satoshi Nakamoto's Bitcoin Fortune Surpasses Michael Dell's
Data from Arkham Intelligence and Forbes suggests that Satoshi Nakamoto, the pseudonymous creator of Bitcoin, may now be wealthier than Michael Dell, CEO of Dell Technologies. This comes as Bitcoin recently reached a new all-time high.
Key Findings
- Satoshi Nakamoto's estimated 1.1 million Bitcoin holdings are currently valued at over $129 billion, exceeding Michael Dell's estimated net worth of roughly $125 billion.
- If Bitcoin continues its historical growth trajectory, Satoshi could potentially become the world's second-richest person.
With Bitcoin trading around $118,000, the value of Satoshi's holdings has significantly increased. This remarkable surge follows Bitcoin's recent break past the $112,000 mark and represents a 26% year-to-date increase and approximately 105% growth over the past year (source: TradingView).
Bloomberg ETF analyst Eric Balchunas projects that if Bitcoin maintains its historical growth rate, Satoshi's wealth could rival that of some of the world's wealthiest individuals. Earlier projections suggested that at a 50% annual growth rate, Satoshi's Bitcoin holdings could surpass even Warren Buffett and Mark Zuckerberg.
While the precise amount of Bitcoin held by Satoshi remains unknown, researchers have identified potential addresses and mining patterns consistent with the Bitcoin creator's early activities. These dormant coins, representing roughly 5% of all Bitcoin, were mined in Bitcoin's early days.
Note: The figures used are estimates based on publicly available data and analysis. The exact amount of Bitcoin held by Satoshi Nakamoto remains unconfirmed.
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