Bitcoin has been around for over 13 years, and since its debut, it has been spread to millions of wallets worldwide. An individual, a company, a group, or a government controls each Bitcoin wallet. Some of these investors are particularly notable due to the size of their BitAlpha AI holdings.
Let’s take look at the most prominent Bitcoin holders.
- Satoshi Nakamoto (1.1 million BTC):
In addition to creating the Bitcoin protocol, Satoshi Nakamoto was the first miner to mine the first block (genesis block, block number – 0) of the Bitcoin Blockchain and began the structure to expand. Between January 3, 2009, when he began mining, and January 1, 2011, when he stopped mining, he mined around 22,000 blocks and earned 1.1 million BTC. This sum is worth more than $21 billion as of the 12th of October, 2022. It is thought that Satoshi has bitcoins spread out across 22,000 addresses. Except for a few dry runs, these coins have never seen actual circulation.
- The Winklevoss Twins (70,000 BTC):
Cameron and Tyler Winklevoss, who are known as Winklevoss twins in the context of crypto for their huge success in this field settled a lawsuit with Mark Zuckerberg of Facebook for $65 million in 2008, and have accumulated a fortune in digital currency. They have invested heavily in crypto firms through their VC firm, Winklevoss Capital, and are said to own 70,000 BTC. Besides bitcoin, the brothers have put money into other cryptocurrencies and founded the cryptocurrency exchange Gemini in 2014. Their names appeared on Forbes’ list of Blockchain and crypto billionaires for 2022.
- Tim Draper (almost 29,000 BTC):
Tim Draper, a well-known venture capitalist who made early bets on firms like Skype and Tesla, bought his first bitcoin in 2012. Two years later, in 2015, someone paid $18.7 million to acquire 29,656 BTC at an auction of bitcoin seized from the famed dark web marketplace Silk Road, which the U.S. Marshals had seized. Draper might have added a lot to his Bitcoin holdings throughout the years of his investment journey.
There are likely many more people who hold substantial sums of BTC who have yet to come forwards. For instance, according to information provided by River Financial, six unidentified individuals own more than 49,000 BTC.
Openly Traded Firms:
Over twenty publicly traded firms now include bitcoin (BTC) in their assets. In no particular order, here are the top four winners.
- MicroStrategy (130,000 BTC):
In the bitcoin market, MicroStrategy (MSTR) is a frequent buyer. In August 2020 the corporation made its first bitcoin purchase and since then it has been unable to stop buying this crypto. It appears that MicroStrategy has spent over $20,000 on bitcoins from Buy Bitcoin Worldwide since September 20th, 2022, boosting the total number of bitcoins in circulation to 130,000. Other publicly traded corporations may now feel encouraged to start keeping BTC on hand.
Although the price of bitcoin has been in a bear market since September, MicroStrategy nonetheless managed to spend $6 million for 301 BTC. Generally speaking, purchasers paid $30,623 for each coin. The corporation had previously sought to sell $500 million in stock to purchase additional bitcoin earlier that month.
- Galaxy Digital Assets (40,000 BTC):
Galaxy Digital (GLXY) provides banking, investment management, and cryptocurrency mining services. This firm is holding 40,000 bitcoins in total as per the current survey.
- Digital Voyager Limited (12,260 BTC):
Before their bankruptcy filing in July 2022, Voyager Digital (VYGVQ) may have owned 12,260 BTC. After a competitive bidding process that concluded in late September 2022, cryptocurrency exchange FTX acquired the assets of the insolvent cryptocurrency broker. A combination of the bear market and the fall of Three Arrows Capital led to Voyager’s decision to seek bankruptcy protection. It somehow was unable to repay a loan made by a division.
Conclusion
Keep in mind, as a potential or present Bitcoin investor, that the most significant holders likely spent a lot of time and resources amassing their Bitcoin holdings. They may have also benefited from being early adopters, able to stock up on bitcoin for a steal of a price in the cryptocurrency’s formative years. So, if you want to amass a sizeable bitcoin holding, take your time and don’t risk more than you can afford to lose. You can trust to start your journey.
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