Bulgaria is the country that holds the highest number of BTC, 213,519 Bitcoin, valued at around 6.27 billion dollars. If we look at other countries, Ukraine holds 45,351 BTC. El-Salvador has 9500, Finland 1981, and Georgia only has 66 BTC.
Uncle Sam's Crypto Stash: How the U.S. Government Became a Top Bitcoin Holder. The U.S. government currently holds 205,515 bitcoins valued at $5.66 billion based on today's exchange rates.
As a result, Satoshi is estimated to hold the largest bitcoin cache, more than 1 million BTC, valued at approximately $23 billion today. This bitcoin is not stored in one address, but spread across those roughly 22,000 addresses.
The Chinese and Bulgarian governments could be among the largest Bitcoin holders. China alone accounts for more than 194k Bitcoins and other cryptocurrencies worth a total of $6 billion. Public companies hold about 257k BTC, led by Microstrategy with 130,000 BTC.
Bitcoin is open source, meaning its design is public. No one person owns or controls Bitcoin, and anyone can participate. While Satoshi continued to control Bitcoin's development, users and developers congregated in Bitcoin forums to contribute code and work on the project, which had become a collaborative effort.
Russians own more than 16.5 trillion rubles ($214 billion) worth of cryptocurrencies, according to an estimate the Kremlin and government officials are using to craft a plan to regulate the industry.
Following the creation of Bitcoin and the initial implementation of the technology, the enigmatic Satoshi Nakamoto vanished from the public eye in December of 2010.
Tesla announced in an SEC filing Monday that it has bought $1.5 billion worth of bitcoin. The company also said it would start accepting bitcoin as a payment method for its products. CEO Elon Musk has been credited for raising the prices of cryptocurrencies, including bitcoin, through his messages on Twitter.
Tesla, led by Elon Musk, confirmed that it purchased about $ 1.5 billion in bitcoin in January and expects to start accepting it as a payment in the future.
But however Bitcoin evolves, no new bitcoins will be released after the 21-million coin limit is reached. Reaching this supply limit is likely to have the most significant impact on Bitcoin miners, but it's possible that Bitcoin investors could also experience adverse effects.
Satoshi Nakamoto is the largest holder of Bitcoin, purported to be in possession of 1.1 million Bitcoin worth approximately $30 billion at today's prices. Binance and Bitfinex are two of the largest exchange Bitcoin holders, custodying over 600,000 and 200,000 BTC respectively.
Cryptocurrency 101
Cryptocurrencies are digital assets that are not backed by any government. Government currencies, known as fiat currencies, are backed by the credit of their national government or government body, such as the Federal Reserve or European Central Bank.
Satoshi Nakamoto (born 5 April 1975) is the name used by the presumed pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation. As part of the implementation, Nakamoto also devised the first blockchain database.
Bitcoin would rank as 8th largest bank globally with $169 billion in market capitalization. 3 min. Bitcoin continues to lead the cryptocurrency sector towards mainstream adoption on a global scale by directly competing with traditional players like banks.
30-year-old crypto billionaire Sam Bankman-Fried reveals how he made his billions.
In less than a week, the cryptocurrency billionaire Sam Bankman-Fried went from industry leader to industry villain, lost most of his fortune, saw his $32 billion company plunge into bankruptcy and became the target of investigations by the Securities and Exchange Commission and the Justice Department.
Binance founder and CEO Changpeng Zhao (commonly known as CZ) was the crypto billionaire who lost the most money following the crypto crisis of 2022, with a net worth drop amounting to 82 billion U.S. dollars.
Elon Musk on SNL. A Twitter account promoting the Shiba Inu cryptocurrency did not get what it was hoping for when it asked Elon Musk how much $Shib he owns. "None," was Musk's one-word response. Then Musk followed up: "Out of curiosity, I acquired some ascii hash strings called 'Bitcoin, Ethereum & Doge'.
Amid all the action, there's also no shortage of money to be made in the $2 trillion crypto economy. Just ask the record 19 billionaires—7 more than last year—on Forbes' annual World's Billionaires list, published Tuesday, who made their money from cryptocurrency and blockchain technology.
FTX's Sam Bankman-Fried lost billions and the company filed for bankruptcy—it could signal the 'demise' of crypto, expert says. FTX, one of the world's largest cryptocurrency exchange platforms, is in major financial turmoil. At its peak, FTX was valued at $32 billion. The company filed for bankruptcy on Nov.
Last week, the internet lit up with speculation that Apple (NASDAQ: AAPL) founder Steve Jobs may be Bitcoin's inventor Satoshi Nakamoto.
Some believe Craig Wright is the founder, though critics believe he is using public attention for personal gain. Others think Nick Szabo, who created Bit Gold in 2008, is the real Nakamoto.
Bitcoins can be effectively destroyed by sending them to an address that is unspendable. Satoshi could simply eliminate the coins by spending them to an unspendable address. "If he did burn them, the market reaction would be terribly bullish," Lerner said.