Satoshi Nakamoto’s Bitcoin Holdings Valued at Over $107 Billion, Says Arkham

Bitcoin’s enigmatic creator, Satoshi Nakamoto, remains one of the wealthiest figures in the world—at least on paper—holding an estimated 1.096 million BTC worth approximately $107 billion, according to crypto analytics platform Arkham.

The staggering amount was revealed after Arkham added 22,000 addresses linked to Nakamoto to its database. The platform’s findings are based on the widely accepted Patoshi Pattern theory, developed by Sergio Lerner, which suggests that a single miner—believed to be Satoshi—mined 22,000 early Bitcoin blocks.

Lerner’s Patoshi Pattern analysis identifies privacy-related flaws in Bitcoin’s early v0.1 protocol, which allowed researchers to track blocks likely mined by Nakamoto. The theory posits that Satoshi was actively mining in Bitcoin’s infancy and left behind a distinct mining pattern visible on the blockchain.

Should these holdings belong to a single entity, Nakamoto would rank as the 15th richest person in the world, surpassing Microsoft co-founder Bill Gates, based on Forbes’ real-time billionaire rankings.

The discovery has reignited speculation about Nakamoto’s true identity. Conor Grogan, director at Coinbase, examined Arkham’s data and made a surprising revelation: one of the Patoshi-linked addresses received BTC from Cavirtex, a now-defunct Canadian crypto exchange.

Cavirtex was acquired by Kraken in 2016, raising questions about whether the U.S.-based exchange possesses Know Your Customer (KYC) data that could shed light on Nakamoto’s identity.

“As such, there is a chance that [Kraken co-founder] Jesse Powell has information on the true identity behind Satoshi, if they maintained any KYC information on this wallet. My advice to him would be to delete the data,” Grogan wrote on X (formerly Twitter).

Kraken’s official account later responded cryptically, stating:

“We are all Satoshi.”

Despite extensive blockchain analysis, Nakamoto’s identity remains one of the greatest mysteries in the crypto world. The 1.096 million BTC linked to Satoshi’s wallets have remained untouched, fueling speculation about whether Nakamoto is alive or if the private keys to these funds are lost forever.

As Bitcoin continues to reach new milestones, the intrigue surrounding its creator—and the possibility of these holdings ever being moved—remains an enduring fascination within the cryptocurrency community.