$BTC Bloomberg Analyst Says Satoshi Nakamoto's Wealth Could Surpass Warren Buffet

Bloomberg Exchange-Traded Funds (ETF) analyst Eric Balchunas revealed that Bitcoin creator Satoshi Nakamoto's wealth could surpass that of world-renowned investor Warren Edward Buffett.

"If Bitcoin reaches a normal growth rate of 50% each year, Satoshi will surpass Buffett this year and Zuckerberg next year to become the second richest person in the world," Balchunas stated through his personal X account.

For your information, Warren Buffet is currently the fifth richest person in the world with a net worth of US$155.2 billion.

Satoshi is estimated to hold approximately 1.1 million Bitcoins, valued at over US$115.5 billion at current market prices. This means that the creator of the largest digital asset could exceed the net worth of Warren Buffett and Mark Zuckerberg if Bitcoin continues its growth rally.

Therefore, if Bitcoin grows by 50% each year from its current price of US$105,000, then the digital asset could be priced at US$157,000 next year. This means that Satoshi Nakamoto's wealth is predicted to reach US$172.7 billion.

"It is very interesting to reflect on the fact that the founder of something so successful (Bitcoin) has never cashed it out. He is similar to Jack Bogle in this regard," Balchunas added.

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