Bitcoin at $120,000 Pushes Satoshi Nakamoto Past Michael Dell in Net Worth
Main Idea
Satoshi Nakamoto's estimated Bitcoin holdings have surpassed $131 billion as Bitcoin's price exceeded $120,000, placing Nakamoto's net worth above Michael Dell's $125.1 billion.
Key Points
1. Satoshi Nakamoto's known holdings of 1.096 million BTC are estimated to be worth over $131 billion as Bitcoin's price passed $120,000.
2. This places Nakamoto's net worth just above Michael Dell's estimated $125.1 billion.
3. Analyst Eric Balchunas suggested that if Bitcoin grows at 50% annually, Nakamoto could become the second-richest person by 2026.
4. Bitcoin would need to reach around $370,000 for Nakamoto to overtake current wealth leaders if their wealth remains unchanged.
Description
Satoshi Nakamoto , the anonymous figure behind Bitcoin, has reached a new milestone in personal wealth .
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