Satoshi Nakamoto now holds about 1.96 million BTC valued at $120 billion, making him the 11th richest person in the world.
Bitcoin's price surge is attributed to institutional interest in the asset, with institutional support playing a significant role in driving its value.
The mysterious Bitcoin creator, Nakamoto, maintains anonymity but holds significant power over Bitcoin's value with a sizable BTC fortune.
BTC's success is increasingly dependent on institutional players, with its market cap surpassing Amazon's value and ranking as the fifth most valuable asset globally.