Who Owns Bitcoin: Top Holders of Cryptocurrency in 2023
Date: 2023-11-05 Author: Dima Zakharov Categories: CRYPTO PAYMENTS
In the world of cryptocurrencies in 2023, where Bitcoin retains the title of the most valuable digital currency, we see a variety of owners from individual investors to governmental structures. Considering the TOP-10 "kings of Bitcoin" this year, we observe an interesting picture of the distribution of digital wealth.
Mysterious Beginnings: Satoshi Nakamoto and His Legacy
The founder of Bitcoin, known by the pseudonym Satoshi Nakamoto, remains the most mysterious figure in the world of cryptocurrencies. Estimates of his wealth vary, but the majority agree that he owns Bitcoins worth about $23 billion. The elusive nature of Nakamoto adds mystique to the Bitcoin ecosystem, making him one of the most discussed personalities in the industry.
Governments in the Game: USA and Ukraine
The U.S. government, perhaps an unexpected market participant, turned out to be one of the largest holders of Bitcoin with a balance of 205,515 BTC, equivalent to approximately $5.57 billion. Much of this wealth is the result of confiscating funds from illegal operations such as Bitfinex and Silk Road. Ukraine is also actively involved in the crypto space, having collected 46,351 BTC, largely due to donations from individuals and companies in support of the development of the blockchain industry in the country.
Private Sector: From Companies to Individual Investors
Block.one, known as the developer of the EOSIO platform, holds 164,000 BTC in its portfolio, worth about $4.45 billion. MicroStrategy and its CEO Michael Saylor also occupy prominent positions in this list with a total ownership of 140,000 BTC. The Winklevoss twins, known for their early contribution to cryptocurrency and dispute with Mark Zuckerberg, own 70,000 BTC.
Venture Capitalists and Philanthropy
Tim Draper, one of the most famous venture capitalists, acquired 29,656 BTC worth $803 million, having bought them during the sale of confiscated assets from Silk Road. Personalities like Draper play a key role in popularizing and legitimizing Bitcoin as an investment asset.
Crypto Funds and Stable Coins
Tether Holdings, the company behind the stablecoin USDT, and Tezos, a foundation aiming to develop the eponymous blockchain network, are also significant players in the Bitcoin market. Their holdings amount to 52,673 BTC and 24,808 BTC, respectively.
This overview demonstrates a unique combination of different types of assets and Bitcoin ownership strategies, showcasing its growing significance for both the private and public sectors. Bitcoin continues not only to attract the attention of new investors but also remains at the center of financial innovation, strengthening its position as the digital gold of modern times.
