Who Owns The Most Bitcoin?
Satoshi Nakamoto owns the most bitcoin with an estimated 1.1 million BTC. Satoshi not only invented but also kickstarted Bitcoin, by being the first miner to create blocks of transactions. It is estimated that
Satoshi mined more than 22,000 blocks starting from January 3rd, 2009, and
received more than one million bitcoin in
cumulative block rewards for the work.
How Many Bitcoin Does Satoshi Have?
As a result, Satoshi is estimated to have
more than 1.1 million BTC, valued at
approximately $47 billion in February
2024. This bitcoin is not stored in one
address but spread across roughly 22,000
addresses. None of it was ever spent besides a few test transactions. Satoshi
left the project in 2010 and hasn't been
heard from since.
Individual Bitcoin Whales
Tyler and Cameron Winklevoss: Following
their 2008 settlement with Mark Zuckerberg for $65 million worth of Facebook shares and cash, the pair started an angel investment company. A few years later they would announce they had bought approximately $11 million worth of bitcoin at an average cost basis of $10 per coin. It's estimated that the Winklevoss twins own ~70,000 BTC.
Tim Draper: The VC titan has been interested in Bitcoin fora while; So much So that he made one initial purchase of 40,000 BTC at the Mt Gox exchange.
Unfortunately, all 40,000 coins were lost in
the hack and subsequent bankruptcy. y
However, in 2014, Mr. Draper purchased
29.656 BTC for $18.7 million at a cost basis
of approximately $632 per coin.
Michael Saylor: The founder and chairman
of Microstrategy revealed in an October
2020 tweet that he personally held 17,732
BTC. It is reasonable to assume that he
has since acquired more-being such a
public Bitcoin Bull
Microstrategy 21 4,246
Blackrock 266,102
Grayscale 318,452
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