This article discusses who are the largest individual and institutional holders of bitcoin. The largest holders are mainly spot bitcoin ETFs. Satoshi Nakamoto, the creator of bitcoin, is also one of the largest holders. Companies like MicroStrategy have accumulated bitcoin as a reserve asset.
Largest individual holders:
* Satoshi Nakamoto (1 million bitcoins)
* Michael Saylor (121.000 bitcoins)
* Tyler Winklevoss (50.000 bitcoins)
* Cameron Winklevoss (50.000 bitcoins)
* Tim Draper (30.000 bitcoins)
Largest institutional holders:
* Grayscale Bitcoin Trust (GBTC) (3.5 million bitcoins)
* CoinShares Bitcoin ETP (3.2 million bitcoins)
* ProShares Bitcoin Strategy ETF (1.8 million bitcoins)
* VanEck Bitcoin Strategy ETF (1.2 million bitcoins)
* Fidelity Investments (1.1 million bitcoins)
Other notable holders:
* MicroStrategy (121.000 bitcoins)
* Square (10.000 bitcoins)
* Galaxy Digital (10.000 bitcoins)
* Massari (10,000 bitcoins)
* Bitmain (8.000 bitcoins)
It is important to note that the above list is not exhaustive and that there are many other bitcoin holders who are not public. Furthermore, the amount of bitcoin each holder owns may change over time.
Why do people and companies invest in bitcoin?
There are several reasons why people and companies invest in bitcoin. Some of the most common reasons include:
* Appreciation: The price of bitcoin has increased significantly in recent years.
* Scarcity: Bitcoin is a limited digital currency, which means the total number of bitcoins in circulation is fixed.
* Decentralization: Bitcoin is a decentralized currency, which means it is not controlled by any government or central bank.
* Inflation resistance: Bitcoin is a deflationary currency, which means its value tends to increase over time.
Risks of investing in bitcoin
While Bitcoin is a popular cryptocurrency, it’s important to be aware of the risks involved. Bitcoin is a volatile currency, meaning its price can fluctuate significantly in a short period of time. Additionally, Bitcoin is still a relatively new and developing technology, meaning there is uncertainty about its future.
If you’re thinking about investing in bitcoin, it’s important to do your own research and understand the risks involved. You should also only invest what you can afford to lose.
