Who Owns The Most Bitcoin? Top 10 Biggest Bitcoin Holders

Who Owns The Most Bitcoin

Bitcoin can be considered the first brick of the cryptocurrency market. The question “Who owns the most Bitcoin?” is always one of the hot topics in the global financial and virtual currency community. So, let’s find out with Coinminutes who owns the most Bitcoin in the world through this article today.

Who Owns the Most Bitcoin?

The definition of Bitcoin whales 

Bitcoin Whales is the term used to refer to individuals or organizations that own large amounts of Bitcoin. This amount of coins is large enough to manipulate and price in the cryptocurrency market. Normally an investor is considered a Bitcoin Whale if he owns an amount of coin equivalent to 1000 BTC. With this amount of cryptocurrency, they created significant fluctuations in the Bitcoin price and market.

How can they impact the market?

Bitcoin Whales can impact the cryptocurrency market by helping to prevent coin prices from rising or causing cryptocurrency prices to drop with just a small move by manipulating market sentiment.

To make it easier to understand, let’s say the prices of some crypto assets are stabilizing. If Bitcoin Whales decides to sell a large amount of Bitcoin, its market price will likely drop as well. Conversely, if they start buying large amounts of Bitcoin, its market price will likely increase. Bitcoin Whales’ large buy or sell orders may cause other investors to follow suit. For exchanges, this can be a big problem, as Big Whales can affect the liquidity of Bitcoin as well as other cryptocurrencies.

Top 10 Biggest BTC Holders

Today, more than 100 million people own Bitcoin, the world’s first cryptocurrency. However, 1/3 of the same source is currently in the hands of less than 1% of Bitcoin owners. So, who are these Bitcoin billionaires, and how much do they own?

Individuals with the largest Bitcoin holdings

Satoshi Nakamoto – 1 million BTC

For all the investors in Bitcoin, no one is unaware of the name Satoshi Nakamoto. However, the true identity of Satoshi Nakamoto remains a mystery. This is the name used for the anonymous person(s) who created Bitcoin and launched the cryptocurrency.

Satoshi Nakamoto was once rumored to own about 1 million BTC, however, some opinions believe that his amount is only about 750,000 BTC. However, in July 2020, according to a report from Whale Alert, according to the most accurate data, the amount of Bitcoin that Satoshi held was 1,125,150 BTC, equivalent to more than 30 billion US dollars today. Because of this, many people think that the question “Who owns the most Bitcoin?” was answered, it was Satoshi Nakamoto.

Winklevoss Twins

The next name on the list of “Who owns the most Bitcoin in the World” is the Winklevoss Twins. They are the founders of the Gemini cryptocurrency exchange and the angel investment firm Winklevoss Capital. They are also famous for clashing with Mark Zuckerberg over the founding of Facebook, later receiving a $65 million settlement.

In 2013, the two claimed they owned $11 million in cryptocurrency through their investment company, a time when it was worth a fraction of what it is today. In 2019, they also invested in BlockFi, another cryptocurrency exchange. Today, the Winklevoss brothers are believed to own more than 200,000 BTC or $6 billion.

Tim Draper

As an American venture capitalist, Tim Draper invested early in giant companies such as Tesla, Skype, and Coinbase in the 1980s. Although the above investments were profitable, it was the initial investment into Bitcoin that turned him into a crypto billionaire.

In 2014, Draper spent more than $19 million to buy 30,000 Bitcoins at auction after they were confiscated from the illegal online marketplace Silk Road. With this amount of Bitcoin, Draper could have owned more than nearly $1 billion Bitcoin.

Michael Saylor

Just like Tim Draper, cryptocurrency was not the first field that Michael Saylor invested in. In 1989, Saylor was one of the co-founders of MicroStrategy, a company that provides cloud-based software and services. He is known as one of the largest early Bitcoin Whales.

In 2020, he put MicroStrategy’s assets into buying Bitcoin and currently holds about 130,000 BTC. According to current Bitcoin exchange rates, Michael Saylor may be holding up to $6.5 billion in Bitcoin

Publicly traded companies with the largest Bitcoin holdings


As mentioned above, MicroStrategy was founded by Michael Saylor and is currently the investment fund holding the largest amount of Bitcoin in the world. This fund is holding 129,218 Bitcoins, equivalent to more than 5.5 billion USD. In 2022, MicroStrategy has 2 Bitcoin purchases with a total value of up to 215 million USD

Tesla (TSLA)

Tesla, Elon Musk’s company, spent $1.5 billion to buy Bitcoin in February 2021. According to data from Bitcoin Treasuries, a company that tracks Bitcoin holdings globally, Tesla at that time had owned more than 43,200 tokens, ranking second among the companies that buy the most Bitcoin.

However, in July 2022, Tesla sold off 75% of its Bitcoin, equivalent to about $2 billion. Currently, Tesla is said to hold about $290 million in Bitcoin

Private companies with the largest Bitcoin holdings


Block.one is an American multinational technology corporation. In 2019, Block.one was said to hold up to 140,000 Bitcoins, many rumors also said that Block.one was the company holding the largest amount of BTC at that time. However, in December 2022, the company’s co-founder and CEO Brendan Blumer revealed that their BTC holdings had “far exceeded” 140,000 BTC.

Tether Holdings 

Tether, the company behind the leading crypto stablecoin USDT with a market capitalization of $86.5 billion, has made a strategic investment of $420 million in Northern Data Group, a data services company. cloud data and Bitcoin mining based in Germany. As reported by Tether Holdings at the end of March 2023, the company owned about 1.5 billion USD in Bitcoin

The Tezos Foundation

Tezos Foundation is a non-profit organization established to support and manage the development and promotion of the Tezos blockchain platform based in Switzerland. Currently, the Tezos Foundation is said to own 17,500 BTC, worth more than $470 million

Countries with the largest Bitcoin holdings

United States

The US is one of the countries that owns the largest amount of Bitcoin in the world. According to a report from Dune Analytics, in 2020, the US government seized more than 215,000 BTC from the public. The largest of these cases was the confiscation of 69,369 BTC from the infamous Silk Road market in November 2020. After that, the US government continued to confiscate 94,643 BTC from a Bitfinex hacker in January 2022 and 51,326 BTC from James Zhong in March 2022.

Therefore, the amount of BTC held by the US government is definitely larger than that of other Bitcoin investors. Currently, the US government is second only to Satoshi Nakamoto with 1.1 million BTC.


Above is the article about “Who Owns The Most Bitcoin?” and the Top 10 Biggest BTC Holders in the world today. Hope this article brings useful information to you, wish you a successful investment.

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Chi Do
Chi Do
Chi Do is a content writer at CoinMinutes, responsible for creating most of the content on the website, including news related to Bitcoin (BTC), Ethereum (ETH), Blockchain, Decentralized Finance (DeFi), and more. With a keen interest in cryptocurrencies since the 2020s, Chi has acquired extensive experience and knowledge in this field. Chi holds a Bachelor's degree in communication from Academy of Journalism and Communication in Vietnam.

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