What billionaires own Bitcoin?
Michael Saylor, CEO of MicroStrategy, a software firm that has made heavy investments in bitcoin, is now worth an estimated $4.4 billion, compared to $760 million last year. Brian Armstrong, CEO of crypto exchange Coinbase, is worth an estimated $11.2 billion, up from just $2.2 billion last year.
So, who are the top holders of BTC? 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.
Prominent figures associated with substantial cryptocurrency wealth include individuals such as Changpeng Zhao (founder of Binance), Cameron and Tyler Winklevoss (founders of Gemini), and Chris Larsen (co-founder of Ripple). Their fortunes are tied to successful ventures in the crypto space.
There are 88,200 crypto millionaires worldwide. 40,500 of these millionaires have amassed their fortune in Bitcoin (BTC).
This is the story of one of the greatest crypto heists of all time. Secret bitcoin billionaire Jimmy Zhong lived a wild and crazy lifestyle — until he made a phone call that brought it all down.
As Bitcoin goes increasingly mainstream, it is drawing the attention of more billionaire investors. Mass buying by billionaires could lead to a supply squeeze, sending the price of Bitcoin soaring. As billionaire hedge fund managers boost their exposure to Bitcoin, it could lead to unpredictable outcomes.
Current BTC to USD exchange rate
1 BTC equals 69,292.00 USD. The current value of 1 Bitcoin is +0.69% against the exchange rate to USD in the last 24 hours. The current Bitcoin market cap is $1.36T. Create a free Kraken account to instantly convert BTC to USD today.
That investment would be worth $6,859,178,076.22 today based on the same price of $28,122.63 at the time of writing. While investing in Bitcoin today may never be worth billions of dollars in the future, the hypothetical investment illustrates the large increase in value of the leading cryptocurrency over time.
Over a long enough period of time, even a relatively small upfront investment could turn into $1 million or more. And, indeed, according to Henley & Partners' Crypto Wealth Report, there are more than 40,000 Bitcoin millionaires in the world right now.
Ultimately, investing in bitcoin is a personal decision, whether you're buying ETFs or actual digital coins. If you decide to invest, you should have an already diversified portfolio of assets like index funds. You typically don't want to invest money in speculative assets you can't afford to lose.
Who sold everything to buy Bitcoin?
In 2016, Dutch national Didi Taihuttu, his wife and three daughters sold everything they owned to invest in Bitcoin when it was trading at only $900. “We sold everything we had – house, cars, motorbikes, holiday home, clothes, toys, furniture and [it] all went into Bitcoin,” Mr Taihuttu tells The National.
- Use an exchange to sell crypto.
- Use your broker to sell crypto.
- Go with a peer-to-peer trade.
- Cash out at a Bitcoin ATM.
- Trade one crypto for another and then cash out.
- Bottom line.
Out of all 425 million crypto users, just 22 are crypto billionaires. There are 182 crypto centimillionaires. And there are 88,200 crypto millionaires.
James "Jimmy" Zhong is an American man who was convicted in 2022 for stealing over 51,680 bitcoin (then worth about $620,000; value as of 2023 approximately $3.4 billion) from the online black market Silk Road between 2012 and 2014.
The Winklevoss twins met Mark Zuckerberg at Harvard and were made famous by the Hollywood film The Social Network, which charted the launch of Facebook. They sued Mr Zuckerberg and won a $65m payout, partly investing it in bitcoin to become the world's first-known cryptocurrency billionaires.
- Basic Attention Token (BAT) – Rewards-based crypto browser with a $539 million market cap.
- Ethereum (ETH) – Market leader in smart contracts and DApps, #1 altcoin in the world.
- Binance (BNB) – Binance-backed utility token has a market cap of $89 billion.
- However, here, we have listed some of the top altcoins that are speculated to generate profits by the end of 2024.
- 1, Ethereum.
- Ethereum is, to date, the most successful altcoin in the digital asset domain. ...
- 2, Cardano.
Which trading crypto is most profitable? Bitcoin has always been the top choice for investors trading cryptos for profit. It has also been the highest-profit crypto, reaching a record high of $68,000 in November 2021 and again in March 2024.
| Year | Minimum Price | Average Price |
|---|---|---|
| 2027 | $248,270.17 | $255,439.45 |
| 2028 | $360,980.90 | $371,197.88 |
| 2029 | $535,091.49 | $549,940.00 |
| 2030 | $754,034.59 | $776,031.39 |
How many Bitcoins are left?
Limited Supply: Bitcoin has a maximum supply of 21 million coins, and as of March 2023, more than 19 million have been mined. Remaining bitcoins: There are approximately 2 million bitcoins left to be mined.
If you had invested $1,000 into bitcoin five years ago, the investment would have grown by 1,352% and be worth around $14,524 as of Feb. 14. If you had bought $1,000 worth of bitcoin 10 years ago, it would have grown by 7,644% and be worth around $77,443 as of Feb.
How much can I expect if I invest $500 in Bitcoin? Assuming a constant monthly investment of $500 for 10 years and a bitcoin price of $1 million per coin at the end, you would earn a profit of approximately $4.8 million.
If you had invested a whopping $10,000 in Bitcoin 10 years ago, you could potentially sell them today for $12,532,862, making you rich as hell. Bitcoin is undoubtedly the king of the crypto market and is seen as a store of value.
- Ethereum (ETH) Source: Thaninee Chuensomchit / Shutterstock.com. Ethereum's (ETH-USD) likening to digital oil underscores its centrality in DeFi. ...
- Solana (SOL) Source: pasit chomying / Shutterstock.com. ...
- Bitcoin Cash (BCH) Source: Sharaf Maksumov / Shutterstock.com.
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