Satoshi Namakoto’s Net Worth to Topple Warren Buffett’s if Bitcoin Makes this Move

Following Bitcoin’s break above $111,000, market participants have been more bullish than ever, anticipating a continuous upward movement for the asset.

Notably, one prominent analyst whose bullish sentiments remain untested is predicting that Satoshi Nakamoto, the pseudonymous founder of Bitcoin, could record a massive increase in his net worth. In the near term, Nakamoto’s net worth could topple that of longtime Billionaires Warren Buffett and Mark Zuckerberg, he asserted.

Eric Balchunas, the senior ETF analyst at Bloomberg who took to X to share his outlook, is painting a bullish scenario for Bitcoin to validate this prediction.

Balchunas outlined the possibilities in a post shared with his 357,000 followers, remarking that Satoshi Nakamoto could be catapulted to a new position in the world’s billionaire list if Bitcoin follows its historical yearly trend of attaining a 50% increase in price value. This year, Nakamoto could replace Warren Buffett and go on to knock out Mark Zuckerberg to become the second richest billionaire, he asserted. 

At report time, Bitcoin is trading at $105,422. A 50% increase in Bitcoin’s current price will result in a total value of $158,133. 

“If bitcoin does its normal 50%, then Satoshi will pass Buffett this year and Zuck sometime next year-ish to be #2 richest in the world (Elon has a huge lead). It’s fascinating to ponder that the founder of something so successful never cashed in. It echoes Jack Bogle in that regard.” The analyst wrote.

His sentiments come as market participants revisited the famous Satoshi Nakamoto Bitcoin wallet addresses “1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa,” to find that the Bitcoin founder’s holdings had risen to $120 billion worth of Bitcoin. 

While it remains uncertain who is in charge of the wallet, Nakamoto reportedly received a 50 BTC reward from mining the first block on the Bitcoin blockchain.

As of June 3, Buffett’s net worth of  $154 billion made him the sixth richest billionaire on the Forbes list, while Zuckerberg holds the second position with a net worth of $216 billion.

Satoshi Nakamoto’s $120 billion holding would have earned him the 10th position, currently occupied by Microsoft’s Steve Ballmer, whose net worth totals $118 billion.