The post Satoshi Nakamoto’s Bitcoin Fortune May Exceed Bill Gates’ Wealth appeared on BitcoinEthereumNews.com.

Satoshi Nakamoto’s Bitcoin Fortune may exceed $108 billion, surpassing Bill Gates’ wealth, with clues linking to Canadian exchanges. Satoshi Nakamoto, the pseudonymous creator of Bitcoin, may possess a fortune that exceeds the wealth of Bill Gates, according to Coinbase director Conor Grogan. The 1.096 million bitcoins Nakamoto possibly holds would translate into an estimated $108 billion of value at the current market rates. The estimated fortune of 108 billion dollars exceeds Gates’ net worth of 104 billion dollars. Grogan conducted his research by reviewing Bitcoin wallets from Nakamoto that participated in numerous transfer transactions since their creation. The recorded transfer transactions are from Nakamoto’s address number 24. The address connected to CaVirtEx Bitcoin exchange receives the most Bitcoin transfer transactions among all recipients. Kraken acquired CaVirtEx in 2016, after which experts started speculating that the exchange may hold essential data about Nakamoto’s true identity. Any available KYC data maintained by Kraken regarding Nakamoto’s wallets could reveal the identity of the prominent Bitcoin creator. Grogan observes that Nakamoto’s last on-chain activity occurred in 2014. The detected activity suggests that Nakamoto conducted Bitcoin transactions through one or more Canadian coin exchanges, particularly CaVirtEx. The discovery constitutes an interesting clue that joins other pieces of evidence focusing on Nakamoto’s true identity. Patoshi Mining Pattern Suggests Nakamoto Controls $108B in Bitcoin The Patoshi mining pattern stands as an essential element in this investigation because it indicates the address cluster that performed the first Bitcoin block mining operations. ARKHAM platform recently recorded these Bitcoin addresses in its archival records. There exists strong evidence to support the possibility Nakamoto controls these addresses, although the direct connection to him remains unclear. All available evidence implies Nakamoto has ownership of 1 million bitcoins, which currently hold an estimated market value of $108 billion. The Bitcoin faucets that Nakamoto…

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Filed under: News - @ February 6, 2025 9:26 pm