Cryptocurrencies

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how owns bitcoin

While Bitcoin is decentralized and not owned by a single entity, prominent individuals and organizations hold notable amounts of it, including Satoshi Nakamoto, Barry Silbert, and the Winklevoss Twins.

Oct 13, 2024 at 08:54 am

Who Owns Bitcoin?

Bitcoin is a decentralized digital currency, which means that it is not owned or controlled by any single entity. Instead, Bitcoin is owned by the people who hold it in their wallets.

However, there are a few entities that own a significant amount of Bitcoin. These entities include:

Satoshi Nakamoto: The pseudonymous creator of Bitcoin is estimated to own between 750,000 and 1.1 million Bitcoin, worth between $15 billion and $22 billion at current prices.
Barry Silbert: The founder and CEO of Digital Currency Group, Silbert is estimated to own between 100,000 and 250,000 Bitcoin, worth between $2 billion and $5 billion at current prices.
The Winklevoss Twins: Cameron and Tyler Winklevoss, who famously sued Mark Zuckerberg for stealing the idea for Facebook, are estimated to own between 50,000 and 100,000 Bitcoin, worth between $1 billion and $2 billion at current prices.
MicroStrategy: The business intelligence firm has purchased more than 90,000 Bitcoin, worth approximately $2 billion at current prices.
Tesla: The electric car company has purchased 38,300 Bitcoin, worth approximately $1 billion at current prices.

It is important to note that these estimates are based on publicly available information, and the actual ownership of Bitcoin may be different. Additionally, it is important to remember that Bitcoin is a volatile asset, and its price can fluctuated significantly.

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