Who's own the most BTC? (2)
Celebrity Bitcoin Owners
According to SwissFortress’s Vohora, celebrity accumulation of cryptocurrencies tends to normalize the holding of such assets amongst the public. Botanica School’s Zinin added that celebrity crypto investment could also play an “invaluable role in drawing attention” to the industry, “promoting wider adoption and understanding of cryptocurrencies”.
So, who are the top celebrity BTC holders? While data on who the most prominent celebrity Bitcoin holders are can only be found if those celebrities disclose that they own BTC, according to an article published by CoinMarketCap in 2021, the top three celebrity BTC holders were Elon Musk, Jack Dorsey, and Mike Tyson.
In 2021, Elon Musk disclosed that even though he was against the environmental impact imposed by Bitcoin mining, the entrepreneur himself held BTC during the B-Word conference. In addition, the Tesla and SpaceX CEO added that he was planning to hold BTC long-term.
“If the price of Bitcoin goes down, I lose money. I might pump, but I don’t dump. I definitely do not believe in getting the price high and selling or anything like that… I would like to see Bitcoin succeed.”
Jack Dorsey, the former Twitter CEO, is also known to owe BTC. In a Tweet published on February 6, 2019, Dorsey states that he “only” has BTC.
In addition, Dorsey’s digital payment company Square had also invested $50 million into a block of around 5,000 Bitcoins in 2020. Mike Tyson, the prominent boxer and social media personality, has been a BTC supporter since 2015.
Although no new articles about him owning the cryptocurrency have resurfaced since then, the athlete has partnered with Bitcoin Direct to launch a Bitcoin ATM in Las Vegas. Other stars, including Game of Thrones actress Maisie Williams, American rapper Snoop Dogg, and Kanye West, have also disclosed owning BTC.
