The world’s first cryptocurrency, Bitcoin, is now owned by more than 100 million people. Though cryptocurrency ownership has become more commonplace, it’s not evenly distributed. Almost a third of the Bitcoin supply is held by less than 1% of the current owners.
One hundred million individuals have invested in the world’s first cryptocurrency, Bitcoin, since its launch in 2009. Though cryptocurrency ownership has become more commonplace, it’s not evenly distributed. Almost a third of the Bitcoin supply is held by less than 1% of the current owners.
Who owns the most Bitcoin?
Satoshi Nakamoto
Nobody knows who Satoshi Nakamoto is, which sets him apart from the rest of the people on this list. In reality, this is a moniker given to the unnamed person (or persons) who invented the Bitcoin currency, which was the catalyst for the emergence of cryptocurrency and had a profound impact on the state of the world as we know it today. When Craig Wright was accused of defrauding a former mining partner out of billions of dollars, he won a multi-billion-dollar case against him. While they were debating his invention of Bitcoin, they never made a decision.
Nakamoto is said to have mined a total of 1,125,150 BTC tokens since the creation of Bitcoin in 2009, making them the most prolific BTC miner. Furthermore, it is said that Nakamoto pocketed a little over half of this, which would amount to about $30 billion in today’s dollars. As a result, they would be the world’s richest bitcoin owners.
The Winklevoss twins, Cameron and Tyler Founded Gemini, a renowned cryptocurrency exchange, and Winklevoss Capital, an angel investment business, the Winklevoss twins have made a name for themselves in the crypto market. Additionally, they’re recognised for their court battle with Mark Zuckerberg over Facebook, which resulted in a $65 million settlement. Both of these companies have a large investment in the IT sector. Their investment business had $11 million invested in crypto in 2013 at a time when it was just a fraction of what it is now. As of 2019, they have also invested in BlockFi, a cryptocurrency exchange. Their patience was rewarded when the crypto sector exploded in 2020 after they had kept onto their Bitcoin for several years. The Winklevoss twins have a Bitcoin fortune of roughly $6 billion now.
Barry Silbert
Barry Silbert is the founder and CEO of Digital Currency Group (DCG), a conglomerate that aims to construct and support blockchain-based projects. A liquidity provider and an investment business are only two of the many entities that make up this conglomerate. CoinDesk and Coinbase, two of the most prominent cryptocurrency exchanges, have been acquired by DCG, which has invested in over 200 start-ups in the crypto industry. Anyone who knows anything about crypto knows that Silbert owns his own digital assets. Greyscale, a digital currency investment firm run by Silbert’s company, operates an investment vehicle that has more than 650,000 Bitcoin. Over $25 billion in US dollars is involved.
