There are more than 100 million people who are owning Bitcoin. Reportedly, the biggest corporate cryptocurrency holder is MicroStrategy. The $3.6-billion company owns 121,044 bitcoin and the next large holder is Tesla.
According to Investopedia, the Top 5 Bitcoin investors who are named are:
Barry Silbert, the founder of Digital Currency Group, owns Grayscale Bitcoin Trust, Coinbase, and Coindesk.
Micheal Saylor, CEO of Microstrategy, which is investing heavily in Bitcoin.
Cameron and Tyler Winklevoss, the first bitcoin billionaires, reportedly hold about 100,000 coins.
Elon Musk’s company Tesla purchased $1.5 billion in Bitcoin in 2021.
Michael Novogratz founded Galaxy Digital Holdings, a broker-dealer and cryptocurrency and digital asset management firm.
How Much BTC does Barry Silbert HOLD?
Katie Rees authored, “Who Owns the Most Bitcoin in the world?” explored, who tops out the Bitcoin-rich list? Who has hodled more than any other?
Rees stated, “Though it is unknown exactly how much Bitcoin, Silbert himself owns” one of his companies holds more than 650,000 Bitcoin. So, there is no clarity as to how much Bitcoin, Barry Silbert himself owns as an individual. The entity that he controls reportedly holds BTC though! The Digital Currency Group as a Conglomerate entity has invested in more than 200 crypto startups.
In the past:
Barry Silbert was beyond bullish about Bitcoin. Some of his predictions about BTC covered ideas like:
1. Every e-commerce website will accept Bitcoin. 2. Western Union and Money Grams existing remittance businesses will be decimated. 3. Bitcoin micropayments will create some interesting opportunities for pay-as-you-go, pay-based-on-time online businesses.
Recently, he retweeted from Kyle Schneps: “
Is Crypto used for illicit purposes & Sanctions evasion:No
US Treasury: No
Fmr CIA Dir Mike Morell: No
FBI: No
Industry experts: No
Ukraine: No
Putin: No, I use gold, oil, and Yuan
Americans under 45: No
American minority groups: No.”
How much BTC does Michael Saylor HOLD?
Business Insider reported, MicroStrategy’s Michael Saylor owns at least 17,732 Bitcoin. Separately, his software analytics firm owns 122,478 Bitcoin and plans to keep adding to its stash.
Michael Saylor has an attitude forever in favor of Bitcoin and he recently expressed:
Bitcoin is an alternative to fake money generated with the click of a computer key out of thin air. He also is of opinion that, “If you don’t understand money, you won’t understand Bitcoin.”
How much BTC does Cameron and Tyler Winklevoss HOLD?
The Gemini Founder twins bought $11 million worth of Bitcoins in 2013. They do not seem to be big spenders.
Their current bitcoin attitude reads like this: “Bitcoin is your right to bear money. It is the difference between citizen and subject.” Bitcoin is your best immunity to the disease of money printing and inflation.
How much BTC does Elon Musk does HOLD?
With about 43,200 bitcoins, Tesla owns more of the world’s largest cryptocurrencies when compared to the top 10 corporate holders just next to Microstrategy.
Elon Musk recently stated, he owns cryptocurrencies Bitcoin, ether, and Dogecoin and is not planning to sell them.
How much BTC does Michael Novogratz hold?
According to a New York Magazine Interview, Mike Novogratz previously stated that cryptocurrencies contribute to 85% of his net worth.
Novogratz expressed: “When there’s bad stewardship of economies, Bitcoin provides a great alternative, if you were in Russia, you would feel pretty stupid having all of your money in rubles.”
Take Away Summary: So, the top holders of Bitcoin are top believers in the principles of Bitcoin and therefore they continue to feel empowered by holding Bitcoin.
Those who do not have the discretionary income to invest in Bitcoin feel that it does not have utility, but that it is a technologically backed speculative trading instrument. Since the Bitcoin price seems to crash every other day, the retailers do not care.
Small guys who are contributing to adoption believe that when there is bad stewardship of economies, Bitcoin provides a great alternative. And, some of them who don’t have time to think too deeply want to make it simple and they are trying to put some of their money in BTC – Dollar Cost Averaging.
The proportionate profit or loss with Bitcoin is again based on the purchasing power and the holding power of the investor.
Not An investment Advice: There is no denying that BTC is a high-risk investment asset. Recommended allocation is anywhere from 1% to 5% considering it to be a small-cap tech stock held as a long-term investment.
A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5
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