As of 2025, the largest Bitcoin holders are:
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1. Satoshi Nakamoto (anonymous)
• Approximate: 1,100,000 BTC
• These coins have never moved since mining (2009–2010)
• Value: over $70 billion
• Identity unknown — these Bitcoins are considered 'dead' to the market
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2. Exchanges (through users):
These wallets belong to exchanges, but technically they control large volumes:
• Binance — over 600,000 BTC
• Bitfinex — ~200,000 BTC
• Coinbase — over 1 million BTC, but these are customer deposits
• Robinhood (through custodian): ~120,000 BTC
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3. U.S. Government
Yes, and it's interesting. The U.S. confiscated BTC during investigations:
• As of 2024, owned over 200,000 BTC, including from:
• Silk Road
• Exchange hacks
• Criminal cases (like the case of James Zhong)
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4. Grayscale Bitcoin Trust (GBTC)
• Investment fund
• Holds BTC for its clients — about 600,000 BTC (figures vary)
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5. Large “whales” — unknown private individuals
• There are several anonymous addresses with 100,000+ BTC
• The largest known private address — ~140,000 BTC
• Often thought to be old miners or 'early entrants'
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