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Satoshi Nakamoto Now 11th Richest as Bitcoin Hits $120K Level.

Satoshi Nakamoto, the anonymous creator of Bitcoin, entered the global top 15 wealth rankings after Bitcoin surged to $120,000. Blockchain analytics platform Arkham reported Nakamoto’s holdings at approximately 1.096 million BTC, distributed across several wallets. Based on current market prices, that places his net worth at more than $131 billion.

At this valuation, Nakamoto surpasses Dell Technologies CEO Michael Dell, whose net worth is listed at $125.1 billion, according to Forbes. This ranks Nakamoto at number 11 on the world’s billionaire list, though Forbes has not officially included crypto wallet holdings in its evaluations.

Bitcoin Must Hit $370K to Surpass Elon Musk

Despite reaching a new all-time high, Bitcoin would need to climb by at least 208% to elevate Nakamoto to the number one spot. That level would require Bitcoin to reach $370,000 per token, assuming the current net worths of top billionaires remain unchanged.

Elon Musk, CEO of Tesla and SpaceX, holds the top position, with his wealth estimated to exceed $404 billion. Oracle co-founder Larry Ellison tracks the list with $274 billion, tied with Meta Platforms CEO Mark Zuckerberg, also at $274 billion. According to data from Nansen, Bitcoin crossed the $120,000 threshold on Sunday, setting a fresh record in the process.

Analysts Expect Nakamoto to Keep Climbing

On June 2, Bloomberg ETF analyst Eric Balchunas projected that Nakamoto could climb to the second position by the end of 2026. Balchunas said that with Bitcoin averaging 50% annual gains, Nakamoto’s rank could rise within the next year.#USCryptoWeek #ShariaEarn #Write2Earn #StrategyBTCPurchase $BTC