#Satoshi Nakamoto Becomes 11th Richest Person As Bitcoin Holdings Surge To $120B

When counting the richest men in the world, Satoshi Nakamoto will rank as the 11th most wealthy amid Bitcoin price boom

Highlights

After about 16 years, Satoshi Nakamoto now holds over $120 billion in locked BTC funds

His fortune jumped shortly as Bitcoin market cap surpassed Amazon

Institutional backing for Bitcoin remains a major catalyst fueling the growth

Satoshi Nakamoto, the unknown person behind the creation of Bitcoin, now has a fortune worth $120 billion, making him the 11th richest person in the world. Notably, the dramatic increase in his wealth follows the latest Bitcoin price surge. The largest cryptocurrency recently hit a new high of almost $112,000 before staging a mild pullback.