What if—and stay with us—infamous Bitcoin plagiarist Craig Wright actually was Satoshi Nakamoto?

Yeah, no. Absolutely not.

Creator of Bitcoin Bitcoin 0.33% Bitcoin Bitcoin BTC Price $61,578.57 0.33% /24h Volume in 24h $26.73B Price 7d Satoshi Nakamoto, whoever he, she, or they are, just cracked the top 11 richest humans on Earth.

Thanks to Bitcoin blowing past $120,000, Nakamoto’s legendary stash of 1.096 million BTC is now worth north of $131 billion, according to Arkham Intelligence. That puts the anonymous founder ahead of Dell CEO Michael Dell and legacy financiers alike. Here’s how much higher BTC needs to climb to put Satoshi at number one:

Market Cap

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Bitcoin Would Need to Hit $370,000 for Nakamoto to Top Forbes’ Billionaire List

To claim the top spot, Nakamoto would need BTC to reach around $370,000, a 208% climb from today’s levels. That would nudge him past Elon Musk, who currently holds the #1 title with an estimated $404 billion fortune.

“If Bitcoin does its normal 50%/ann, Nakamoto will likely climb to number two sometime next year-ish.” – Eric Balchunas, Bloomberg

Other billionaires topping the list include Oracle’s Larry Ellison ($274B) and Meta’s Mark Zuckerberg ($274B), meaning Nakamoto would leapfrog some of tech’s most iconic founders with a few more bullish legs.

$400K Bitcoin? Several Models Says It’s Plausible

A well-known anonymous trader, apsk32, recently resurfaced a long-term model comparing Bitcoin’s market cap to gold’s price history. The framework draws from:

  • Gold’s rise to $3,500/oz

  • Bitcoin’s market cap plotted against historical gold valuations

  • A Metcalfe’s Law-style log chart tracking network growth

According to this model, $400,000 is the next “reasonable ceiling,” based on how BTC has respected historical growth bands over time. Still, apsk32 cautions that, “Forecasts are guesses dressed up in charts. They help spot possible paths, but markets often surprise everyone.” 

Hey, at least he’s honest.

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Analysts Weigh In For BTC Short-Term: More Gains Likely, But Pace Will Vary

Momentum remains strong, with several analysts offering bullish but varied predictions.

Markus Thielen, head of research at 10x, sees a 60% chance Bitcoin hits $133,000 by September. Meanwhile, Arthur Hayes, co-founder of BitMEX, remains the boldest: $250,000 by year’s end.

As for Satoshi they haven’t had one transaction in over a decade. Whether that’s out of principle or they’re no longer with us (RIP?), the silence has become part of the message.

EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress

Key Takeaways

  • Thanks to Bitcoin blowing past $120,000, Nakamoto’s legendary stash of 1.096 million BTC is now worth north of $131 billion.
  • Momentum for BTC remains strong, with several analysts offering bullish but varied predictions.

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Isaiah Mccall
Isaiah Mccall
99BTC Japan Correspondent

Isaiah McCall is an ultramarathon runner and Japan Correspondent for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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