LIVEš 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 cumulativeĀ block rewardsĀ for the work.
How Many Bitcoin Does Satoshi Have?
As a result, Satoshi is estimated to have more thanĀ 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. SatoshiĀ left the project in 2010Ā and hasnāt 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 averageĀ cost basisĀ of $10 per coin. Itās estimated that the Winklevoss twinsĀ own ~70,000 BTC.
Tim Draper: The VC titan has been interested in Bitcoin for a while; so much so that he made one initial purchase of 40,000 BTC at theĀ Mt Gox exchange.
Unfortunately, all 40,000 coins were lost in the hack and subsequent bankruptcy. 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 anĀ October 2020 tweetĀ that he personally held 17,732 BTC. It is reasonable to assume that he has since acquired moreābeing such a public Bitcoin Bullābut this is the only mention of his personal stash
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