How Much Are the Satoshi Nakamoto Bitcoins Worth Now?


Satoshi Nakamoto is the pseudonym of the creator of bitcoin, unknown to this day. When Nakamoto first mined bitcoin in 2009, it was unclear whether the cryptocurrency could ever be worth anything. However, 13 years later, the tokens held by Nakamoto remain untested, and are now worth billions of dollars as bitcoin reaches new highs. It is still unclear whether this enormous wealth will ever be claimed. Let’s see how much the Nakamoto token is worth today.

according to a report good by whale alert, nakamoto Total BTC 1,125,150 tokens mined after creating Bitcoin, which is currently the most valuable cryptocurrency In this world. As of Wednesday, October 27, bitcoin was trading at $63,925 (approximately Rs 48 lakh) per token. This means that the total value of the token today will be over $66 billion (approximately Rs 4,96,814 crore).

Despite the increasing global acceptance and popularity of bitcoin, the details of the identity and whereabouts of Nakamoto remain an unsolved mystery. For now it is also unclear whether Satoshi Nakamoto is one person or a bunch pf people responsible for the creation of bitcoin.

The bitcoins held by Nakamoto have not yet been spent.

In 2011, the bitcoin creator abruptly bid adieu to the crypto space, announcing a move to “other things”.

Earlier in October, paypal co-founder Peter Thiel He said that he may have inadvertently met Satoshi Nakamoto in the year 2000.

According to Thiel, about 21 years ago he met a group of about 200 people who wanted to promote a new monetary system with the potential to challenge the monopoly of central banks. The billionaire believes that Nakamoto could have been in that group.

In September 2021, the first and only statue of Satoshi Nakamoto was Unveiled in Budapest. While the facial features of this bronze statue are not well defined, the figure sports a hoodie.

Meanwhile, the crypto-space is expanding globally.

Recently, the market capitalization of all cryptocurrencies crossed a milestone of $2.5 trillion (about Rs 1,87,42,625 crore), according to cryptocurrency tracker CoinMarketCap.

Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain of classGadgets 360 Podcast. orbital is available Apple Podcasts, google podcasts, Spotify, amazon music And wherever you get your podcasts.

Cryptocurrency is an unregulated digital currency, is not legal tender and is subject to market risks. The information in this article is not intended to be financial advice, trading advice or any other advice or a recommendation of any kind offered or endorsed by NDTV. NDTV shall not be liable for any loss arising out of any investment based on any alleged recommendation, forecast or any other information contained in the article.