Top 10 Entities Holding the Most Bitcoin
Bitcoin, the world's first and most valuable cryptocurrency, is held by various entities, including governments, companies, and individual investors. Here’s a look at the top 10 holders of Bitcoin:
1. Satoshi Nakamoto
The mysterious creator of Bitcoin, Satoshi Nakamoto, is believed to own approximately 1.1 million BTC. These coins remain untouched, adding to the enigma surrounding Bitcoin’s origin.
2. Binance
As the world’s largest cryptocurrency exchange, Binance holds over 600,000 BTC in its cold wallets to ensure liquidity and security for its users.
3. Bitfinex
Bitfinex, another major exchange, possesses around 200,000 BTC, used primarily for platform operations and customer transactions.
4. Grayscale Bitcoin Trust (GBTC)
Grayscale is one of the largest institutional investors in Bitcoin, managing over 620,000 BTC on behalf of its clients and shareholders.
5. US Government (Seized BTC)
The US government has confiscated large amounts of Bitcoin from criminal activities, holding over 200,000 BTC, often auctioning portions over time.
6. MicroStrategy
Led by Michael Saylor, MicroStrategy is one of the biggest corporate Bitcoin holders, owning around 190,000 BTC as part of its treasury strategy.
7. Tesla
Elon Musk’s Tesla made headlines when it purchased 48,000 BTC. Though the company sold a portion, it still holds a significant amount.
8. Block.one
The blockchain firm behind EOS, Block.one, has accumulated over 140,000 BTC, showcasing its strong belief in Bitcoin’s future.
9. Coinbase
One of the biggest crypto exchanges, Coinbase, holds approximately 1 million BTC in reserves for custodial and exchange purposes.
10. Bitcoin Miners
Large mining pools, such as Marathon Digital and Riot Blockchain, collectively hold significant amounts of Bitcoin, often retaining a portion rather than selling immediately.
These entities contribute to Bitcoin’s ecosystem, influencing market trends and price stability. As Bitcoin adoption grows, these holdings will continue to shape the crypto landscape.