Bitcoin's 105% surge makes Nakamoto wealthier than Dell

Satoshi Nakamoto, the mysterious creator of Bitcoin, may have surpassed Dell Technologies CEO Michael Dell in terms of wealth. Data from Arkham Intelligence and Forbes indicate that with Bitcoin's value hovering around $118,000, Nakamoto's estimated 1.1 million BTC holdings are now worth over $129 billion. This figure exceeds the net worth of Dell, which is approximately $125 billion, according to Forbes’ real-time billionaire rankings.

Bitcoin reached a new all-time high of $118,839 on Thursday, marking a significant rally after surpassing $112,000 the previous day. The cryptocurrency has seen a 26% increase year-to-date and has gained approximately 105% over the past year. This surge in value has propelled Nakamoto's wealth to new heights, potentially making him one of the wealthiest individuals globally.

The exact amount of Bitcoin held by Nakamoto remains uncertain, but researchers have identified specific mining patterns and address clusters that are believed to belong to the Bitcoin creator. These patterns suggest that Nakamoto's holdings are substantial, contributing to his significant net worth.

According to an analyst's forecast, if Bitcoin maintains its 50% annual growth rate, Nakamoto could become the world’s second-wealthiest person. This projection is based on the historical growth trajectory of Bitcoin and its potential to continue appreciating in value. However, it is important to note that this is a forecast and not a guaranteed outcome.

The wealth of Berkshire Hathaway CEO Warren Buffett stands at approximately $143 billion, ranking him seventh globally among billionaires. Meta co-founder Mark Zuckerberg’s fortune is estimated at $251 billion, placing him third in the global rankings. These figures highlight the significant wealth disparity among the world's wealthiest individuals and the potential for Nakamoto to join their ranks if Bitcoin continues its upward trajectory.