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Satoshi Nakamoto name came up as the owner of bitcoin with a total of 1 million. The soaring price of bitcoin in recent times has been a blessing for him.
In the last week of February, the price of Bitcoin had reached US$ 58,000 units. If he still holds Bitcoin to this day without selling a single coin his wealth reaches US$ 49.1.
Arguably Satoshi Nakamoto wealth is equivalent to the wealth of Alibaba founder Jack Ma. Forbes noted that on March 13, 2021, Jack Ma wealth reached US$48.2 billion.
However, it is still unclear who Nakamoto really is. His identity is unknown to the public. Many speculate that they are a group of people. But he could be just one man or a woman. We don't know for sure who he really is!
According to the coinmarketcap.com the number of Bitcoins circulating now stands at 18,646,818. As such, Nakamoto owns 5.36% of the total supply of Bitcoin in circulation on the market. Since its inception, the number of Bitcoins that can be 'mined' is only 21 million units.
This means that Satoshi Nakamoto will eventually hold only 4.8% of the total Bitcoin. That's even if he doesn't sell it one bit. With this amount, the remaining Bitcoin that can still be mined is only 2,353,182 units.
If it pulls back, ten years ago Bitcoin was arguably worthless. At that time, one unit of this crypto digital coin was still valued at less than US$ 0.01. But who would have thought that the price has now skyrocketed significantly until it touched US$ 58,000/unit.