Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has become the 11th richest person globally, with a portfolio exceeding $130 billion, as reported by Arkham Intelligence. This surge follows Bitcoin's recent all-time highs, increasing by 14% in the past month, surpassing the net worth of Bill Gates and Michael Dell. Satoshi's wealth is now approaching that of Warren Buffett, who has a net worth of $141 billion. To surpass Buffett, Bitcoin would need to rise over 8% from its current price. Despite Buffett's criticism of Bitcoin, its value has soared 204% since he dismissed it in 2022. The exact identity of Satoshi remains a mystery, with various theories about who he might be. Wallets attributed to Satoshi have remained inactive, leading to speculation about his status. Meanwhile, a new Bitcoin Improvement Proposal aims to safeguard against potential quantum computing threats, which could jeopardize a significant portion of Bitcoin, including Satoshi's holdings, raising concerns about a possible market crash. Read more AI-generated news on: https://app.chaingpt.org/news

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