Binance has around $20B of Bitcoin?
Wow Tim Draper has a billion dollars worth of Bitcoin?
As of January 2024, several entities hold more Bitcoins than Tesla:
- MicroStrategy: MicroStrategy is the largest corporate holder of Bitcoin, with over 189,000 BTC. This Virginia-based business intelligence software maker has made substantial investments in Bitcoin under the leadership of CEO Michael Saylor.
- Marathon Digital Holdings: Marathon Digital, one of the largest Bitcoin mining companies in North America, holds between 13,000 to 14,000 BTC.
- Galaxy Digital: This technology-driven investment firm owns between 8,000 and 12,000 BTC.
- Binance: Binance, a prominent cryptocurrency exchange, holds a significant amount of Bitcoin. Its largest wallet alone contains 248,597 BTC, and its total holdings are over 580,000 BTC.
- Bitfinex: Another major cryptocurrency exchange, Bitfinex’s cold wallet currently holds 210,010 BTC.
- Governments: Some governments also hold large reserves of Bitcoin. For instance, the U.S. government holds hundreds of thousands of Bitcoins seized from various incidents. Bulgaria is reported to hold about 213,000 BTC, and North Korea has also been acquiring Bitcoin through various means.
- Other Private Companies: Companies like Block.one and Mt. Gox hold substantial amounts of Bitcoin, with holdings ranging from 140,000 to 164,000 BTC for Block.one and between 140,000 and 160,000 BTC for the now-defunct Mt. Gox.
- Individuals: There are also individuals with large Bitcoin holdings. For example, the Winklevoss twins own an estimated 70,000 BTC, and Tim Draper owns around 30,000 BTC.
Tesla, with its holdings of around 9,720 BTC, ranks lower than these entities in terms of the total number of Bitcoins owned oai_citation:1,Who Owns the Most Bitcoin in 2024? oai_citation:2,Will BlackRock Surpass MicroStrategy in Bitcoin Holdings? – Coinpedia Fintech News.