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Bitcoin’s Meteoric Rise: Satoshi Nakamoto’s $118B Fortune Highlights Crypto’s Dominance

Bitcoin’s Meteoric Rise: Satoshi Nakamoto’s $118B Fortune Highlights Crypto’s Dominance

Published:
2025-07-03 20:07:26
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As Bitcoin continues its unprecedented surge, the enigmatic creator Satoshi Nakamoto has emerged as one of the world's wealthiest individuals, with an estimated $118 billion in untouched BTC holdings. This revelation underscores the transformative power of cryptocurrency in the global financial landscape. Mined during Bitcoin's early days when the digital asset was virtually worthless, Nakamoto's 1.1 million coins now rival the fortunes of tech titans and oil magnates. With Bitcoin recently surpassing $107, the crypto market demonstrates its enduring potential and resilience. This development not only highlights Bitcoin's staggering growth but also reinforces its position as a cornerstone of modern finance, captivating investors and enthusiasts worldwide.

Satoshi Nakamoto Now Among World’s Richest as Bitcoin Hits $118B Wallet Value

Satoshi Nakamoto, the enigmatic creator of Bitcoin, now ranks among the world's wealthiest individuals with an estimated $118 billion in untouched BTC holdings. The pseudonymous figure mined approximately 1.1 million coins during Bitcoin's infancy, when the cryptocurrency was virtually worthless. Today, this dormant fortune rivals the net worth of tech moguls and oil magnates.

Bitcoin's recent surge past $107,000 has amplified Nakamoto's theoretical wealth. The cryptocurrency reached an all-time high of $111,980 on May 22, 2025, fueled by growing institutional adoption and a favorable regulatory environment. Market analysts attribute the rally to increasing mainstream acceptance and the election of a pro-crypto U.S. president.

The mystery surrounding Nakamoto's identity continues to captivate the financial world. Blockchain data from Arkham confirms these original coins remain unmoved for over a decade, preserved in what may be the most valuable digital wallet in existence. As Bitcoin's valuation fluctuates, so too does Nakamoto's position among global elites—a living testament to cryptocurrency's disruptive potential.

GameStop’s $1.75 Billion Bitcoin Bet Sparks Market Turmoil

GameStop’s aggressive pivot toward cryptocurrency has rattled investors. The company’s shares plummeted 15% following its announcement of a $1.75 billion convertible notes offering, widely speculated to fund additional Bitcoin purchases. This comes just weeks after the retailer acquired $513 million worth of BTC in May.

Wall Street’s skepticism is palpable. The stock decline compounds an already bleak quarter, with GameStop reporting a 17% revenue drop in Q1 2025. Traditional investors appear unconvinced that digital asset accumulation can offset the company’s declining retail business.

While GameStop hasn’t explicitly confirmed the bitcoin allocation, its investment policy emphasizes digital asset adoption for balance sheet strength. The move signals a high-stakes transformation attempt—from struggling brick-and-mortar chain to unconventional crypto holder.

Ukraine Advances Legislation to Include Bitcoin in Central Bank Reserves

Ukraine has taken a significant step toward modernizing its financial reserves by introducing Bill 13356, which authorizes the National Bank of Ukraine (NBU) to hold Bitcoin as part of its strategic reserves. The proposed legislation grants the central bank full discretion over cryptocurrency acquisitions, placing Bitcoin alongside traditional assets like Gold and foreign currencies.

The bill, drafted with input from Binance and legal experts, aims to insulate reserve management from political interference. Central bankers are collaborating on risk frameworks, allocation limits, and market-timing strategies to ensure prudent stewardship of crypto assets. Ukraine already holds an estimated 46,000 BTC, signaling strong institutional conviction in digital assets as reserve instruments.

Corporate Treasuries Embrace Bitcoin as Hedge Against Monetary Devaluation

North American companies are leading a paradigm shift in corporate treasury management, with Bitcoin emerging as the asset of choice for balance sheet protection. Matt Hougan of Bitwise Asset Management projects this trend will propel BTC to $200,000 as thousands more firms adopt the cryptocurrency.

Publicly traded companies now hold 819,000 BTC—4% of circulating supply—with private entities like Block and Tether amassing another 300,000 coins. The finite 21-million supply contrasts sharply with expanding fiat currencies, making Bitcoin an institutional-grade inflation hedge.

While the US and Canada dominate current adoption, treasury strategies are gaining global traction. China, Japan, and European nations including France through Blockchain Group are entering the space. "This isn't speculation—it's balance sheet preservation," observes Hougan, noting the movement's acceleration during CNBC interviews.

Browser Extension Converts All Prices to Bitcoin to Drive Adoption

A new browser extension called Opportunity Cost automatically converts all website prices into Bitcoin and its smallest denomination, satoshis (sats). Launched on Chrome and Brave with Firefox support coming soon, the tool aims to accelerate Bitcoin adoption by helping users visualize spending in cryptocurrency.

The creator argues that displaying prices in BTC terms creates psychological friction against unnecessary purchases—framing every dollar spent as Bitcoin not accumulated. Examples range from a Ninja blender (84,182 sats) to Cristiano Ronaldo's annual earnings (2,570 BTC).

Social media buzz highlights the extension's dual function as both an educational tool and behavioral nudge. By reframing fiat expenditures as lost Bitcoin accumulation opportunities, it embodies the scarcity narrative central to crypto's value proposition.

Tim Draper Reaffirms $250K Bitcoin Prediction Amid Market Volatility

Billionaire investor Tim Draper remains steadfast in his bullish outlook for Bitcoin, reiterating his $250,000 price target despite recent market turbulence. The prediction comes as traditional finance grapples with U.S. deficit concerns and trade war volatility—factors Draper believes could accelerate Bitcoin's adoption.

Draper's Optimism hinges on three key drivers: renewed market confidence as trade deals progress, clearer regulatory frameworks, and growing Web3 infrastructure built on Bitcoin. "Bitcoin might go infinite against the dollar," he declared to his 268,000 X followers, acknowledging the cryptocurrency's 15-day-old all-time high while maintaining his 2024 forecast.

Institutional momentum continues to build, with JPMorgan reportedly joining legacy firms exploring crypto offerings. This aligns with Draper's observation of increasing business adoption—a trend he suggests could propel Bitcoin's next parabolic move.

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