In a new spectacular milestone, Satoshi Nakamoto, the mysterious founder of Bitcoin, has surpassed Microsoft chief Bill Gates in net worth and value. This recent feat has been accomplished due to Bitcoin’s soaring price value, which has taken the asset to a new high of $121K at press time.

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Satoshi Nakamoto Is Richer Than Bill Gates

Source: Bitcoin News

Nakamoto, the mysterious founder of Bitcoin, has now surpassed Bill Gates’s net worth. The BTC chief is now sitting on a fortune of $133.5B, exceeding that of Gates, which stands at $118B per the latest Arkham report.

The stark difference suggests the power that cryptocurrency assets hold, as markets have now started to favor the domain more holistically. Nakamoto is now racing towards overtaking Warren Buffett in the net worth race, as Buffett’s net worth stands close to $142B per Forbes, while Nakamoto’s has now surged to $133B.

Satoshi Nakamoto founded Bitcoin in 2008 by introducing a white paper discussing the depth and intricacies of the asset. Nakamoto was active till 2010 but has not been heard from ever since.

Nakamoto was also one of the first individuals to solve the cryptocurrency adoption dilemma. The Bitcoin founder introduced the idea of “double-spending of crypto” by proposing a peer-to-peer network model, according to Investing’s BTC data.

Bitcoin’s Soaring Value Made Nakamoto Rich

Bitcoin has delivered better returns than any other asset class over the years. BTC was trading at $0.5 in 2010 and has gone up exponentially over the years. The asset is now sitting at $123K at press time.

The asset is poised to hit higher as predicted by Fundstrat’s Tom Lee. Lee shared how BTC could easily hit $200K to $250K by the end of this year.

Also Read: Bitcoin Miner BitMine’s Stock Skyrockets 563%: Should You Buy?

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