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Bitcoin Updates Today: The Mystery of Bitcoin Persists: Dorsey's Approach Sparks New Theories About Satoshi

Bitcoin Updates Today: The Mystery of Bitcoin Persists: Dorsey's Approach Sparks New Theories About Satoshi

Bitget-RWA2025/11/26 07:58
By: Bitget-RWA
- Jack Dorsey's Bitcoin integration at Block and strategic announcements fuel speculation he may be Satoshi Nakamoto, though no proof exists. - Bitcoin's 30% price drop reduced Nakamoto's estimated paper wealth to $95B, now ranking 18th globally amid market volatility. - Ark Invest boosted crypto stock exposure including Block and Circle, signaling sector resilience despite short-term downturns. - Experts caution Dorsey-Nakamoto links remain circumstantial, emphasizing lack of cryptographic evidence or dir

Rumors suggesting that Jack Dorsey, Twitter’s co-founder and

(previously known as Square), could be the mysterious founder Satoshi Nakamoto have once again gained traction in both financial and cryptocurrency communities. Analysts are pointing to some interesting, though largely circumstantial, links between Dorsey’s projects and Nakamoto’s legacy. Although there is no solid evidence, recent events—such as Dorsey’s renewed emphasis on Bitcoin at Block and the digital currency’s dramatic price fluctuations—have revived conversations about whether he could be Nakamoto.

Dorsey has consistently championed Bitcoin, making it central to Block’s mission. At the company’s 2025 investor day, he presented a vision to evolve Block into a “completely autonomous economic platform,” introducing automation tools like “managerbot” for businesses and “moneybot” for personal finances. He highlighted Bitcoin as a cost-effective solution for global payments, remarking that “an increasing number of merchants will encourage customers to use lower-fee payment options, such as Bitcoin or stablecoins”

. This philosophy aligns closely with the decentralized principles outlined in Nakamoto’s original white paper, though Dorsey has never asserted that he authored the protocol.

This renewed speculation comes as Bitcoin has dropped 30% from its October 2025 high of $126,000 to about $87,000. This sharp decline has significantly reduced the notional wealth linked to Satoshi Nakamoto, whose estimated 1.096 million BTC holdings have decreased in value from $137 billion to $95 billion

. Experts point out that this would make Nakamoto the world’s 18th-richest individual by paper wealth, just surpassing Mukesh Ambani but trailing Michael Dell . The price swings highlight not only Bitcoin’s speculative character but also the broader market forces at play, including ETF withdrawals and global economic uncertainty .

Ark Invest, a prominent player in the crypto sector, has reinforced this narrative by boosting its investments in crypto-related companies like Block, Circle, and Coinbase during the market downturn. The firm’s acquisition of $13.5 million in Block shares and a $7.6 million stake in Circle Internet Group demonstrates confidence in the industry’s future, despite current challenges

. At the same time, Dorsey’s ongoing support for Bitcoin—through both Block’s initiatives and his public remarks—continues to fuel speculation that he may have an insider’s understanding of the network, reminiscent of Nakamoto’s expertise.

Still, specialists urge caution before making any firm conclusions. The supposed connections between Dorsey and Nakamoto are largely speculative, based on factors like his early involvement with Bitcoin, Block’s crypto infrastructure, and the timing of his strategic moves. There is no definitive evidence, such as cryptographic proof or direct confirmation, to support the theory.

As the cryptocurrency sector faces ongoing regulatory and economic headwinds, the debate over whether Dorsey could be Nakamoto serves as a reminder of Bitcoin’s mysterious beginnings and the enduring fascination with its creator. Regardless of the truth, the overlap between Dorsey’s public image and Bitcoin’s evolution continues to intrigue both investors and technology enthusiasts.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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