Who owns the most bitcoin?
According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.
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.
revealed on Twitter that he owns only a tiny fraction of one bitcoin token. "I literally own zero cryptocurrency, apart from . 25 BTC that a friend sent me many years ago," Musk confessed.
The U.S. government is one of the world's biggest holders of bitcoin, but unlike other crypto whales, it doesn't care if the digital currency goes up or down in value.
Who is Satoshi Nakamoto? The first Bitcoin (BTC) was mined on January 3, 2009, by someone known as “Satoshi Nakamoto.” Now, Satoshi Nakamoto is recognized as the pseudonym of the person or group of people who created Bitcoin — the invisible figure or figures whose technological creation has influenced the world.
Out of all 425 million crypto users, just 22 are crypto billionaires. There are 182 crypto centimillionaires. And there are 88,200 crypto millionaires.
Of about 200 people globally who trade bitcoin, just six are billionaires, Henley & Partners found. Meanwhile, 22 people worldwide have reached billionaire status by trading cryptocurrencies.
While the billionaire investor has not bought cryptocurrencies and has continued to speak out against them, he does own shares of a company that has bet on Bitcoin and other leading cryptocurrencies.
- Bitcoin.
- Ethereum.
- Dogecoin.
The electric car maker told the US regulator it lost $204m on Bitcoin overall, though it gained back $64m through trading.
How much Bitcoin does the average person hold?
A significant majority of Bitcoin holders are small investors, as approximately 74% of Bitcoin addresses hold less than 0.01 BTC, worth around $350 as of November 6th 2023, as seen in Figure 1 below.
| Address | % of coins | |
|---|---|---|
| 1 | 34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo wallet: Binance-coldwalletBalance:248,597 BTC ($12,947,252,867) Ins:829 Outs:451 | 1.27% |
| 2 | bc1qgdjqv0av3q56jvd82tkdjpy7gd..vw97 wallet: Bitfinex-coldwalletBalance:204,010 BTC ($10,625,088,363) Ins:149 Outs:140 | 1.04% |
- India: Over 100 million people in India own cryptocurrencies, making it the country with the most cryptocurrency owners, according to Triple-A.
- United States: China, Russia, Nigeria, and the EU are the next five countries with the most #BTC trading volume on exchanges.
| Denominations | |
|---|---|
| Initial release | 0.1.0 / 9 January 2009 |
| Latest release | 25.1 / 19 October 2023 |
| Code repository | github.com/bitcoin/bitcoin |
| Development status | Active |
A standout point was made by Spencer Schiff, a known Bitcoin promoter. Schiff emphasized that even if one were to entertain the idea that Bitcoin's creation had ties to the CIA – a claim that remains entirely speculative and unproven – it would not impact the cryptocurrency's current relevance and importance.
The Bit-coin is a p2p technology. There's no central system to it so it can't be shut down by the inventor. The inherent technology is open source which make it even more resilient because of improvements made every time an issue turns up.
According to the report, six—or almost one in three—of the world's crypto billionaires reached that status by holding Bitcoin. That means just 0.000003% of those who hold Bitcoin have Bitcoin assets worth more than $1 billion.
There are just six bitcoin billionaires in the world, new crypto super-rich report says. Hundreds of millions of people have crypto investments. A new report shows how many crypto millionaires and billionaires exist.
Yes, there are a reported 40,500 Bitcoin millionaires. But there are also 1 million crypto wallets worldwide that hold at least one whole Bitcoin.
However, some estimates can be made based on blockchain data and surveys of Bitcoin holders. According to data from Bitinfocharts, as of March 2023, there are approximately 827,000 addresses that hold 1 bitcoin or more, representing around 4.5% of all addresses on the Bitcoin network.
Which billionaire lost everything in Bitcoin?
Binance founder and CEO Changpeng Zhao (commonly known as CZ) was the crypto billionaire who lost the most money following the crypto crisis of 2022, with a net worth drop amounting to 82 billion U.S. dollars.
Bitcoin is a risky investment with high volatility, and should only be considered if you have a high risk tolerance, are in a strong financial position already and can afford to lose any money you invest in it. The Securities and Exchange Commission has officially approved a spot Bitcoin ETF.
- Elon Musk | Entrepreneur | $230 Billion.
- Satoshi Nakamoto | Bitcoin Creator | $70-$30 Billion.
- Brian Armstrong | Coinbase CEO | $5.8 Billion.
- Micree Zhan | Bitmain Co-Founder | $4.3 Billion.
- Barry Silbert | Digital Currency Group CEO | $3.2 Billion.
- Chris Larsen | Ripple Co-Founder | $2.9 Billion.
As a result, it's certainly not too late to buy Bitcoin. If you're looking to add it to your portfolio, however, plan to hold it for the long term.
Total Net Worth Amount (USD)
Among them, Changpeng Zhao, founder of Binance, the world's largest cryptocurrency exchange, stands out with a net worth of over $10 billion. Chris Larsen, co-founder of Ripple, follows closely behind with a net worth of $2.6 billion.
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