Satoshi Nakamoto, the elusive creator of Bitcoin, has seen his once-massive fortune take a significant hit.
Recent figures from Arkham Intelligence indicate that his portfolio had lost more than $30 billion from its peak value. Yesterday, Bitcoin dipped to around $74,600, marking its lowest point in months, before staging a modest comeback.
This drop means the cryptocurrency has lost over 30% of its value since reaching a record high in January.
The plunge in Bitcoin’s value is part of a broader decline affecting risky assets, as global stock markets also tumbled due to the fallout from recent tariff issues. Cryptocurrencies, often moving in tandem with stocks in uncertain economic climates, have not been spared.
Bitbo reports that Satoshi’s current wealth is around $77 billion, based on his estimated holdings of about 970,000 BTC. These numbers, however, are not definitive, as the precise amount remains a matter of speculation. The most commonly referenced estimate comes from a study conducted by cybersecurity expert Sergio Demian Lerner back in 2013. At its peak last November, Nakamoto’s fortune topped $100 billion, momentarily making him wealthier than Bill Gates by December.
Speculation continues about Satoshi’s potential to become the world’s first trillionaire if Bitcoin’s value eventually surpasses that of gold. Despite the hype and ongoing curiosity, Nakamoto’s identity remains shrouded in mystery. An HBO documentary aimed at uncovering the real person behind Bitcoin fell flat last year, offering no concrete insights into one of the crypto world’s greatest enigmas.
South Korea’s Financial Services Commission (FSC) is drafting a proposal to support the launch of spot crypto ETFs, aiming for release in the second half of 2025.
Even with fresh conflict in the Middle East and a less-than-dovish Federal Reserve outlook, Bitcoin has spent more than five weeks trading comfortably above $100,000.
Large institutions accelerated their retreat from equities last month, unloading roughly $50.8 billion in U.S. shares, according to S&P Global.
China’s biggest crypto hardware manufacturers are redrawing their maps. Faced with mounting U.S. tariffs on tech imports, Bitmain, Canaan, and MicroBT — firms that collectively dominate over 90% of the global bitcoin mining rig market — are moving parts of their production to the United States.