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Home»News»General Market News»Satoshi Nakamoto Among the World’s 20 Richest Person(s)
General Market News

Satoshi Nakamoto Among the World’s 20 Richest Person(s)

Ranjan YadavBy Ranjan YadavOctober 21, 20212 Mins Read
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Bitcoin (BTC) just touched an all-time high (ATH) of US$66,974.77. Satoshi Nakamoto, the unknown creator of the Bitcoin protocol project, is again among the “world’s top 20 richest billionaires,” per Bitcoin.com Newsdesk. Earlier in April 2021, Nakamoto claimed the 19th spot in the said list, but now it’s the 20th spot.

While BTC’s price dropped on 26th April (2021) to US$49,106.50, Nakamoto’s wealth position did plummet. Fast forward six months, the anonymous one is now the 20th wealthiest in the world. In April 2021, Nakamoto travelled all the way from being the 159th richest to being the 19th richest, in 5 months only. Now, 6 months following BTC’s earlier ATH, Nakamoto is the 20th richest globally.

In April 2021, Nakamoto was reported by Bitcoin.com news to have a wealth of “over US$59 billion.” The only precondition is that it’s so only if Nakamoto “has access to the 1 million BTC estimate and the $59 billion+.”

Bitcoin.com reports that as of October 17, 2021, Nakamoto has around US$60.7 billion in BTC, US$625 million in BCH, US$169 million in BSV, and US$191 million in ecash. This wealth puts Nakamoto at US$60.9 billion, thereby being the 20th position in Forbes’ real-time billionaires’ list.

On the market front, Chainalysis has added Bitcoin to its corporate investment portfolio, reports Finextra Research. The blockchain data platform has also strengthened its partnership with NYDIG. The objective Chainalysis is focusing on fulfilling here is to “execute a purchase of Bitcoin for the firm’s balance sheet.”

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