who has the most bitcoins in 2023?
The third-richest bitcoin address, which held 140,165 BTC, remained anonymous. Nobody knows who owns the most bitcoin at this address.
Who Owns the Most Bitcoin in 2023?
Bitcoin (BTC) is a forerunner of decentralized peer-to-peer payments and the world’s largest cryptocurrency. It had a market capitalization of more than $471 billion as of February 23, 2022. Many early adopters have chosen Bitcoin because of its censorship-resistant and permissionless features. A peak of more than 1.3 million active BTC-holding addresses was reached by April 2021, up from about 1,000 in July 2010.
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What is Bitcoin?
Bitcoin is a peer-to-peer electronic cash system that enables its users to send payments online instantly between two parties without the use of a bank. The Bitcoin whitepaper was published in October 2008 by the fictitious creator of Bitcoin, Satoshi Nakamoto. In January 2009, the first block on the Bitcoin network was discovered, earning its discoverer the first Bitcoin. Miners who verify transactions and add the history of transactions to the open blockchain ledger are rewarded with new bitcoins.
On February 23, 2023, the market capitalization of BTC is $471 billion at a price of about $24,391.BTC’s market cap hit more than $1.27 trillion at its peak in November 2021, at an all-time high price of $68,789. However, in 2022, a change in investor sentiment led to a crypto winter, with BTC down 63% as of early December 2022.
Who owns the most bitcoin?
Most people believe that the person who created Bitcoin under the alias Satoshi Nakamoto has the most money in cryptocurrency. Nakamoto hasn’t publicly stated how much Bitcoin he owns, but estimates indicate he has a wallet with about 1.1 million BTC. At the time of writing, this would total about $25 billion.
The top Bitcoin owners are split between private users, public businesses, organizations, and anonymous wallets. The list of individuals with the highest bitcoin wealth is constantly changing along with the price of bitcoin. It is still difficult to identify who owns the most bitcoin. Bitcoin attracts a lot of crowds as everybody wants to be a bitcoin owner.
3 addresses hold the maximum number of bitcoins
The top bitcoin holders were found to be connected to addresses at the cryptocurrency exchanges Binance (BNB) and BitFinex.
The richest address was that of Binance, which held 250,597 bitcoins worth more than $4 billion, or 1.3% of the total supply of bitcoins in circulation. As of now, the BitFinex wallet contained about 0.9% of the total amount of Bitcoin in circulation. The third-richest bitcoin address remained anonymous, holding 140,165 BTC. While wallet balances and blockchain data are both viewable by anyone, it should be noted that unless a wallet address holder voluntarily shares their identity, their identity remains anonymous.
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5 Public Companies that owns the most bitcoin
Here are the five public companies with the biggest portfolios:MicroStrategy
- Galaxy Digital Holdings
- Voyager Digital Ltd.
- Tesla
- Marathon Digital Holdings Inc.
1. MicroStrategy
A well-known business analytics platform called MicroStrategy has chosen Bitcoin as its main reserve asset. It currently has 132,500 BTC in reserve, which is equivalent to slightly more than $4.03 billion, though the 2022 crypto crash has wiped out billions of dollars of value from its crypto stash. MicroStrategy CEO Michael Saylor once stated that he was buying $1,000 in Bitcoin every second.
2. Galaxy Digital Holdings
The crypto-focused merchant bank Galaxy Digital Holdings holds 16,400 BTC. However, making it the largest institutional Bitcoin holder directly associated with the cryptocurrency market. Michael Novogratz founded the business in January 2018. Also, it has collaborated with Block.one and BlockFi, among other cryptocurrency businesses. Unsurprisingly, Novogratz is a passionate supporter of bitcoin.
3. Voyager Digital Ltd.
Voyager Digital, a cryptocurrency brokerage, currently holds 12,260 BTC or $267 million at today’s exchange rates. The company, which aims to be a one-stop shop for trading digital assets, reported quarterly revenue of $60.4 million in May 2021, an increase of 16x from the quarter before. Voyager Digital was one of the most significant victims of the 2022 cryptocurrency crash.
4. Tesla
Tesla, a maker of electric vehicles, joined the group of businesses that hold bitcoin in December 2020. An SEC filing showed that Tesla had invested “an aggregate of $1.50 billion” in the cryptocurrency. Elon Musk, the CEO of Tesla, stated that the company sold 10% of its Bitcoin holdings in Q1 2021. However, he said it was “to prove liquidity of Bitcoin as an alternative to holding cash on the balance sheet.”
5. Marathon Digital Holdings Inc.
Unsurprisingly, the bitcoin mining company Marathon Digital is also a significant investor in cryptocurrency. However, it holds 10,055 BTC in its corporate treasury. Prior to its switch to cryptocurrency mining, the company started out as a patent holding company with the goal of creating “the largest Bitcoin mining operation in North America at one of the lowest energy costs.” As of 2023, there are 19 crypto billionaires
Although there is little data on the wealth distribution of anonymous Bitcoin owners. As of 2023, there are at least 19 crypto billionaires. The majority of those listed are CEOs and owners of well-known cryptocurrency exchanges, with Mark Zuckerberg‘s adversaries, Cameron and Tyler Winklevoss, who together control $4 billion, being the most well-known. Changpeng Zhao is considered to be the person who owns the most Bitcoin and whose identity is known.
Ukraine has the highest per capita ownership of Bitcoin
When it comes to Bitcoin ownership per capita, Ukraine currently has the highest percentage. In Ukraine, approximately 12.73% of the population owns some form of cryptocurrency. However, as Bitcoin and other cryptocurrencies aren’t as well-regulated as fiat currencies, determining who the largest Bitcoin holders are is difficult, but Bitcoin remains the most popular option. India has over 100 million crypto owners, followed by the United States, which has over 27 million crypto owners.
Conclusion
It may be useful for retail bitcoin holders to know who has the most bitcoins, as wallets holding large amounts of BTC can have a significant influence on their price. It should be noted that all trading involves the risk of loss. Many people are still amazed to know that there are very few people who owns the maximum bitcoin. Before trading, always conduct your own due diligence by reviewing the latest news, fundamental and technical analysis, and analyst commentary. Keep in mind that a user’s decision to trade should be based on their experience in the markets, risk tolerance, account size, and trading strategy. Don’t ever trade with money you can’t afford to lose.