Wealth Redistribution: Bitcoin Soars to Become the Ninth Largest Asset Globally, Satoshi Nakamoto Ranks as the 21st Richest Person

In recent days, global assets have been surging, with Bitcoin leading the way, rising by 61% so far this year and climbing to become the ninth largest asset globally. The legendary Bitcoin creator, Satoshi Nakamoto, who is rumored to own 1.1 million BTC, would have a staggering asset value of $74.8 billion at a Bitcoin price of $68,000. This would place him as the 21st richest individual on the Forbes Billionaires List, just below the 20th spot held by Huang Renxun.

Bitcoin Rises to Become the Ninth Largest Asset Globally

After a continuous surge since January 23rd to 38,554, a 77% increase, the market value of Bitcoin has reached $1.335 trillion, ranking ninth globally in terms of asset market value, surpassing Meta, the parent company of Facebook, and Warren Buffett's Berkshire Hathaway (BRK.B).

The skyrocketing stock price of AI leader NVIDIA has also pushed its market value to $2.13 trillion, ranking only behind Microsoft and Apple among global listed companies. It's worth mentioning that Taiwan's semiconductor giant TSMC has also performed well recently, ranking thirteenth globally in terms of assets, surpassing Tesla.

Forbes Winners and Losers

According to Forbes' real-time asset calculations, Jensen Huang, the founder of NVIDIA, saw an increase of $2.6 billion in assets yesterday, making him the biggest winner in terms of asset growth.

Meanwhile, Coinbase CEO Brian Armstrong ranked third, with a wealth increase of $1 billion in a single day. Armstrong has recently started selling Coinbase stocks to fund enterprises focused on advancing scientific research and extending the average human lifespan. With Coinbase's stock price back above $200, Armstrong can finally receive high bonuses this year instead of just a base salary.

Armstrong sells stocks to fund scientific research, and Coinbase's stock price crossing $200 means dividends are finally coming!

On the losers' list, we also see familiar faces. Tesla has yet to recover in the automotive market, coupled with rising competition from Chinese rivals, leading to continued weak stock prices. Elon Musk's wealth dropped by $8.2 billion in a day, once again losing his position as the world's richest person. His recent loss in the $56 billion compensation case adds to his woes, facing the possibility of having to return the amount.

Musk's loss in the $56 billion compensation case sees the winning lawyers demanding 60 billion Tesla shares as compensation

Satoshi Nakamoto Ranks 21st on the World's Billionaires List

The creator of Bitcoin, Satoshi Nakamoto, mined a large amount of BTC during the early days of Bitcoin's existence. It is estimated that he holds around 1.1 million BTC in approximately 22,000 addresses associated with him, but these have remained untouched for a long time.

With Bitcoin priced at $68,000, the value of Bitcoin held by Satoshi Nakamoto reaches a staggering $74.8 billion, placing him at number 21 on the Forbes billionaires list, just behind the 20th-ranked Jensen Huang.