Bitcoin’s latest surge to an all-time high of $112,000 has pushed Satoshi Nakamoto, its mysterious creator, into the ranks of the world’s richest. With an estimated 1.96 million BTC, Nakamoto’s fortune now stands at $120 billion, making him the 11th richest person globally, just behind Google co-founder Sergey Brin.
According to Arkham Intelligence, Nakamoto’s wallets have not seen any activity since 2011. Nakamoto’s wallets contain 5.2% of all the Bitcoin in the world, allowing them to influence the market. Still, the coins have not moved, leaving everyone in the crypto world on high alert.
At the same moment, Bitcoin has surpassed Amazon in terms of market value. Currently, it is the world’s 5th biggest asset, worth $2.16 trillion, more than Amazon’s $2.13 trillion. This achievement indicates that more people and organizations trust Bitcoin, thanks to the recent introduction of spot Bitcoin ETFs.
Michael Saylor’s company, Strategy, added 4,020 BTC to its holdings between May 19 and 25, bringing its total to over 580,250 BTC. Despite the buy, its stock fell 7% in pre-market trading, showing investor sentiment isn’t always in sync with Bitcoin enthusiasm.
Meanwhile, “Rich Dad Poor Dad” author Robert Kiyosaki voiced strong support for Bitcoin. He warned against trusting fiat currency and called BTC “real money” in a flawed system.
With Bitcoin rallying and institutions jumping in, the crypto space is entering a bold new chapter, where even Amazon gets left behind.
