Bitcoin Hits $104,000: Who Holds the Most?
Satoshi Nakamoto: The Biggest Bitcoin Holder
Satoshi Nakamoto, the mysterious creator of Bitcoin, remains the largest holder with an estimated 1.1 million BTC. By mining over 22,000 blocks starting January 3, 2009, Satoshi accumulated this wealth through block rewards, which have never been spent apart from a few test transactions. These coins, dispersed across approximately 22,000 addresses, are now valued at around $113 billion (as of December 2024). Satoshi left the Bitcoin project in 2010, and their identity remains unknown.
@GMT DAO
Notable Individual Bitcoin Whales
While no one rivals Satoshi’s holdings, several individuals have amassed significant Bitcoin reserves:
Tyler and Cameron Winklevoss: The twins converted a $65 million settlement with Facebook into $11 million worth of Bitcoin in 2013 at $10 per coin. Today, they hold approximately 70,000 BTC.
Tim Draper: After losing 40,000 BTC in the Mt. Gox hack, Draper purchased 29,656 BTC at a 2014 government auction for $18.7 million ($632 per coin).
Michael Saylor: The MicroStrategy founder disclosed holding 17,732 BTC in 2020 and is likely to have acquired more since.
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Institutional Bitcoin Giants
Institutions also dominate the Bitcoin market:
BlackRock: ~610,430 BTC.
MicroStrategy: ~386,700 BTC.
Grayscale Bitcoin Trust: ~215,941 BTC.
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GMT DAO: Pioneering Blockchain Innovation and Community Empowerment
GMT, a former Binance Launchpad project, has evolved into a cornerstone of its ecosystem. With products like STEPN, STEPN GO, MOOAR, and DOOAR, GMT enhances blockchain’s real-world utility. Recent breakthroughs, including a 600M GMT Buyback and BURNGMT Initiative, demonstrate the project's dedication to innovation and user engagement.
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GMT DAO and Ecosystem: A Closer Look
GMT DAO oversees the ecosystem's growth, channeling funds into cutting-edge products:
STEPN: A fitness app with 6M+ active users.
STEPN GO: A gamified fitness extension.
MOOAR: A trailblazing NFT marketplace.
DOOAR: A seamless cross-chain DEX.
Partnerships with global brands like Casio, ASICS, and Adidas underscore GMT's commitment to bridging blockchain with mainstream industries.
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600M GMT Buyback and BURNGMT Initiative: A Historic Move
The recent buyback of 600 million unlocked GMT tokens, valued at $100 million, represents a pivotal moment in GMT's journey. These tokens, including early allocations for advisors and investors, are now subject to a community-driven burn vote.
Key Highlights
1. Demonstrating Confidence: The buyback reinforces GMT's belief in its ecosystem's potential.
2. Enhanced Tokenomics: Burning tokens would reduce supply, increasing scarcity and value.
3. Empowering the Community: Token holders decide the fate of these tokens through a transparent voting process.
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BURNGMT Voting Initiative
From Nov 21, 2024, to Jan 20, 2025, GMT holders can lock their tokens to vote on burning the repurchased tokens.
Voting Mechanism: Users lock GMT tokens to vote.
Rewards: A 100M GMT reward pool will be distributed among participants based on their locked amount.
Community Impact: Participants shape GMT’s future while benefiting from strengthened tokenomics.
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Why Participate?
1. Reduce Supply: Burning 600M tokens curtails inflation and bolsters scarcity.
2. Join a Milestone: Engage in blockchain’s unique, community-driven decision-making.
3. Earn Rewards: Share in the 100M GMT reward pool.
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How to Participate
1. Acquire GMT: Ensure you have GMT tokens in your wallet.
2. Lock Tokens: Join the official voting platform during the event window.
3. Cast Your Vote: Decide whether to burn or retain the tokens.
4. Claim Rewards: Receive your share of the reward pool post-event.
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GMT Ecosystem: Driving Blockchain Innovation
GMT supports groundbreaking products like STEPN, MOOAR, and DOOAR, combining blockchain technology with practical applications. Collaborations with top-tier brands like Adidas and Casio further establish GMT's global relevance.
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The 600M GMT Buyback and BURNGMT Initiative sets a new benchmark in blockchain innovation, fostering trust, growth, and community participation. By reducing supply and empowering token holders, GMT paves the way for a brighter, more sustainable ecosystem.
Be part of this historic moment—join the BURNGMT initiative and shape GMT’s future while sharing in the rewards!
#BURNGMT $GMT
#GMT/USDT.
