Bitcoin Wealth: Satoshi Nakamoto Ranks 18th Richest Globally
Bitcoin Surge Elevates Satoshi Nakamoto's Wealth
With Bitcoin (BTC) reaching new record highs, the profile of long-term holders has significantly enhanced, bringing Satoshi Nakamoto to a remarkable status. As the holder of nearly 1 million BTC, Nakamoto boasts a net worth exceeding $96 billion, positioning him as the 18th richest person worldwide, just below the Walton family with a net worth of $102.9 billion.
Impact of Cryptocurrency on Wealth Rankings
Unlike traditional stock-based fortunes, Nakamoto's wealth stems from a decentralized asset influenced primarily by market demand. While stocks yield dividends and represent stable investments, Bitcoin's appeal remains speculative yet increasingly maturing as it becomes integrated into mainstream finance.
Rising Bitcoin Millionaires
- As of November 21, over 153,139 Bitcoin wallets hold more than $1 million.
- A notable 14,015 wallets contain balances surpassing $10 million.
- This signifies a 60% growth in Bitcoin millionaire addresses in 2024.
Prospects for Bitcoin's Future
Analysts forecast a continued rise, with Bitcoin possibly targeting new highs. Fresh inflows of stablecoins, recorded at $9.7 billion in November, indicate a broader shift toward accessing varying assets, potentially leading BTC towards the anticipated $100,000 mark.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.