Patoshi is grinding into the list of World's Most Whealty Individuals. The stack of 1,096,160 BTC keeps growing in value because of the increase in Bitcoin price. The Total Value of His BTC stack is now $101.3B, becoming Worlds 13th Richest Individual on Earth.
In recent days, Patoshiâs wealth has surpassed figures like Michael Dell of Dell Technologies and Jim & Rob Walton of Walmart. Up next on the list are names such as Amancio Ortega and Michael Bloomberg (yes, the one from the trading terminal). These are not names to be taken lightly.
However, it's important to note that this wealth is purely on paper. If Patoshi were to sell 1 BTC, it would cause a massive shock to the crypto market, likely driving the price down. Therefore, selling for USD would be incredibly difficult and probably never happen. Additionally, there is an assumption that Patoshi is a single individual, but this has not been definitively confirmed.
Hopefully, itâs only a matter of time before Forbes includes Patoshi in their list of the worldâs richest individuals as well.
Written by maartunn