In the grand theater of financial absurdities, Bloomberg analyst Eric Balchunas throws his hat into the ring, claiming that if Bitcoin continues its climb—rising by 50% per year—Satoshi’s monumental 1.1 million BTC stash might, just might, surpass the riches of Warren Buffett, the sage of Omaha, and Mark Zuckerberg, the digital emperor of Facebook. Oh, and Elon Musk, of course, holds the lead—his lead is as big as a Siberian winter, so don’t get any ideas about dethroning him anytime soon.
“If Bitcoin does its normal 50% annually,” Balchunas muses on X (formerly Twitter, because who can keep track), “then Satoshi will pass Buffett this year and Zuck sometime next year-ish to become the second richest person in the world. A fascinating thought, that the creator of something this successful has never touched a single coin of it. Almost as if he’s trying to avoid the very thing most people worship: money.”
If bitcoin does its normal 50%/ann then Satoshi will pass Buffett this year and Zuck sometime next year-ish to be #2 richest in world (Elon has huge lead). It’s fascinating to ponder that the founder of something so successful never cashed in. It echoes Jack Bogle in that regard.
— Eric Balchunas (@EricBalchunas) June 2, 2025
Let’s entertain this wild fantasy for a moment. According to our beloved analyst, Satoshi could surpass Warren Buffett (currently the sixth richest person in the world) before the year is out. But in May, Satoshi already pulled off an impressive feat by leapfrogging Nvidia CEO Jensen Huang, landing himself at the 11th spot on the richest-people charts, when his stash hit a mind-boggling $120 billion. And let’s not forget, Satoshi’s holdings—locked up in wallets that have never seen the light of day—add more to the mystery than the greatest Russian novel ever could.
Balchunas also compares Satoshi to Jack Bogle, that unassuming genius who gave the world index funds, but never once tried to cash out on his own creation. This is an important lesson, perhaps. Bitcoin’s very existence is not about enrichment; no, it’s something far more sublime: a technology born of the people, for the people. Not an excuse for one individual to hoard his treasure in the proverbial castle tower.
Satoshi Now Worth $114 Billion (But Don’t Hold Your Breath)
Now, for the reality check. According to blockchain sleuths over at Arkham, Satoshi’s 1.1 million Bitcoin stash is presently valued at $114,196,529,111.25—down from the lofty $120 billion he was boasting about just last month. So, what happened? Well, after Bitcoin hit dizzying heights of $112,000, it came crashing down, much like a poorly executed Russian novel plot twist. At the time of this writing, Bitcoin is at $103,895, with a small drop of 0.43% in the last 24 hours. Oh, the agony of volatility. But still, Satoshi’s Bitcoin is a symbol—both a mystery and a marvel—for analysts and crypto fans alike.
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2025-06-02 18:05