Wow, MSTR,,, like a fucking indestructible cyber tank, 226,000 BTC worth around $15.82B
Here’s an estimate of the U.S. dollar value of the Bitcoin holdings of the individuals and companies with the largest known Bitcoin holdings as of 2024, based on a current Bitcoin price of approximately $70,000:
Largest Individual Bitcoin Holders
1. Satoshi Nakamoto: Believed to hold about 1 million BTC, Nakamoto’s holdings are estimated to be worth $70 billion. This estimate stems from Nakamoto’s early mining activities, which have remained untouched since they were acquired .
2. Winklevoss Twins: Cameron and Tyler Winklevoss reportedly own around 70,000 BTC, valued at approximately $4.9 billion. They were early Bitcoin adopters and remain strong advocates of the cryptocurrency .
3. Michael Saylor: While his company MicroStrategy holds much more, Saylor personally owns an estimated 17,700 BTC, worth around $1.24 billion. He has been a vocal supporter of Bitcoin as a store of value .
4. Tim Draper: The venture capitalist is believed to hold about 30,000 BTC, which would be valued at approximately $2.1 billion. Draper acquired a significant portion of his holdings through a U.S. Marshals Service auction in 2014 .
5. Changpeng Zhao (CZ): Although the exact amount is unclear, Zhao, CEO of Binance, is known to hold a substantial amount of Bitcoin, likely in the thousands, especially given Binance’s significant corporate holdings.
Largest Corporate Bitcoin Holders
1. MicroStrategy: The largest corporate holder, with approximately 226,000 BTC, valued at $15.82 billion. MicroStrategy has been purchasing Bitcoin since 2020, led by CEO Michael Saylor .
2. Marathon Digital Holdings: Holding around 16,930 BTC, this is worth approximately $1.18 billion. Marathon has consistently added to its Bitcoin reserves through mining activities .
3. Tesla: With approximately 10,500 BTC, Tesla’s Bitcoin holdings are valued at around $735 million. Tesla initially invested in Bitcoin in early 2021 as a diversification strategy for its cash holdings .
4. Coinbase: This major crypto exchange holds roughly 9,181 BTC, valued at approximately $643 million. Coinbase’s holdings align with its mission to provide a gateway for users to access cryptocurrency markets .
5. Block Inc. (formerly Square): Holds around 8,027 BTC, which is worth approximately $562 million. The company, led by Jack Dorsey, has been an advocate for Bitcoin adoption .
These holdings underscore both the substantial influence of Bitcoin’s early adopters and the increasing interest of corporations seeking to leverage Bitcoin as a strategic asset.