Satoshi Nakamoto's Bitcoin Holdings Exceed Bill Gates' Wealth

Satoshi Nakamoto's Bitcoin Holdings Surpass Bill Gates' Wealth

Recent on-chain data suggests that Bitcoin founder Satoshi Nakamoto holds approximately 1.096 million BTC, valued at around $108 billion. This staggering amount exceeds the net worth of Microsoft founder Bill Gates, who is estimated to be worth $106.4 billion. The data, revealed by Coinbase director Conor Grogan, provides a rare glimpse into Nakamoto's holdings, which have been the subject of speculation for years.

Kraken May Hold Clues to Satoshi Nakamoto's Identity

Grogan also pointed out that U.S.-based cryptocurrency exchange Kraken may possess information about Nakamoto's true identity. He referenced transactions linked to the Patoshi Mining Pattern, a set of addresses believed to belong to Nakamoto. These transactions were tied to the now-defunct Canadian exchange CaVirtEx, which Kraken acquired in 2016. Grogan speculated that Kraken's former CEO, Jesse Powell, might have access to Know Your Customer (KYC) data that could reveal Nakamoto's identity.

Len Sassaman Unlikely to Be Satoshi Nakamoto

Interestingly, Grogan noted that the new evidence has weakened his belief that Len Sassaman, a previously speculated candidate, was Nakamoto. The data suggests Nakamoto's last on-chain activity occurred in 2014, four years after he disappeared from public view. Kraken's official account responded playfully to the speculation, tweeting "We are all Satoshi," implying that the mystery may never be fully resolved.

This revelation has sparked fresh debate about Nakamoto's identity and the significance of his Bitcoin holdings in the cryptocurrency ecosystem.