Bitcoin Values

Bitcoin Founder, Satoshi Nakamoto Net Worth Reaches $700 Millions!

By Jonas Chokun

Last Updated: Jun 18, 2018

Bitcoin Founder, Satoshi Nakamoto Net Worth Reaches $700 Millions!

With the rise of Bitcoin as the most prominent online currency for anonymous users, there remains the mystery of Satoshi Nakamoto. The first person to “mine” Bitcoin as an investment on a large scale, the continued growth of the currency has led to an enormous cache of wealth. He’s suspected as owning perhaps one million Bitcoins, which, at $700 per coin (current market value), would put Satoshi Nakamoto net worth at $700 millions! Quite a haul for purchasing some online coins and he’s certainly one of the wealthiest people on earth to remain completely anonymous.

What Is Bitcoin Founder, Satoshi Nakamoto Net Worth?

Even more striking, when considering Satoshi Nakamoto net worth in Bitcoin, is the share of total bitcoins in the world that he now controls, which is around 7%. This would give him enormous power and influence in the Bitcoin world, allowing him to personally move the value and market for Bitcoins if he ever chose to act with his haul of Bitcoin. With no real clue as to who he is or what he is seeking to do with his Bitcoin treasure, and the influence that he could exert over the entire Bitcoin market, it’s a mystery that will keep Bitcoin users engaged for a long time.

The spectacular buildup of Satoshi Nakamoto net worth is in many ways a unique story. Currency trading is nothing new, but it’s usually a matter of trading foreign currency against different and changing valuations. Accumulating money in the way of Satoshi Nakomoto net worth is more akin to holding onto a stock share for a long time. Now that Nakomoto is the largest shareholder he’s like the CEO, or Bitcoin creator, able to exert real influence over the entire market, only this is a currency market. Undoubtedly, though, his enormous and growing wealth will make him an ongoing interest to businessmen and Bitcoin users alike.

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Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Jonas Chokun
Jonas Chokun
Crypto Writer

I fell in love with Bitcoin years ago and have never looked back. Since discovering crypto, I learned as much as I could about this virtual currency and have bought, sold, and traded a few bitcoins myself. Now, I want... Read More

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