Satoshi's Nakamoto's Bitcoin Stash Could Be Worth $106 Billion [Forbes]
Coinbase Global, Inc. - Class A (COIN)
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Source: Forbes
Bitcoin is on a tear, likely to hit $100,000 any day and the entire crypto market is up 90% in 2024 according to CoinGecko. Who is the richest crypto owner? According to Forbes' reckoning it is Binance founder Chengpeng Zhao, who was recently released from prison, has a net worth of $61.6 billion ranking him 24th among the world's billionaires. However, what about bitcoin's elusive pseudonymous founder, Satoshi Nakamoto? At today's current price of $96,352, up from just $300 a decade ago, the creator's fortune could be worth as much as $106 billion. Satoshi's wealth is not ranked by Forbes because it's unclear if he even exists. However, the amount estimated to be held in wallet addresses purported to be owned by bitcoin's founder would put him in 15th place, one spot ahead of Microsoft founder Bill Gates' $104.9 billion. It is almost impossible to determine an exact accounting of his bitcoin addresses or total holdings since the network is pseudonymous, but they are certainly
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News
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- Bitcoin nears $100,000 as SEC chair Gary Gensler announces he will step down [Yahoo! Finance]Yahoo! Finance
- Gary Gensler resigns as SEC chair, sparking celebration across crypto industry [Yahoo! Finance]Yahoo! Finance
- What is the 'kimchi premium'? What bitcoin investors need to know. [Yahoo! Finance]Yahoo! Finance
COIN
Earnings
- 10/30/24 - Miss
COIN
Sec Filings
- 11/20/24 - Form 144
- 11/20/24 - Form 144
- 11/20/24 - Form 144
- COIN's page on the SEC website