Bitcoin, the world’s first decentralized digital currency, has been making headlines since its inception in 2009. It has become a popular investment asset, attracting traders and investors from all over the world. But who is having more bitcoin?
According to recent data, there are over 18.7 million bitcoins in circulation, and more than 4 million of them are considered lost or inaccessible. This means that the actual number of bitcoins available for trading is around 14.7 million. The distribution of these bitcoins is not equal among all the holders, and some individuals and institutions hold a considerable share of it.
The largest holder of bitcoin is the mysterious creator of the cryptocurrency, Satoshi Nakamoto. Satoshi is estimated to have mined around 1.1 million bitcoins during the early days of bitcoin. However, no one knows the true identity of Satoshi, and it is believed that he has not touched his bitcoin holdings since 2011.
Another notable holder of bitcoin is the Winklevoss twins, who are known for their legal battle with Mark Zuckerberg over the ownership of Facebook. The Winklevoss twins invested heavily in bitcoin during its early days, and they are estimated to hold around 1% of all the bitcoins in circulation. Their bitcoin holdings are worth billions of dollars, and they have been advocating for the mainstream adoption of bitcoin as a currency.
Institutional investors and hedge funds are also increasing their bitcoin holdings. Grayscale, a digital asset management firm, has been buying up large amounts of bitcoin on behalf of its clients. Their bitcoin holdings are estimated to be around 3% of all the bitcoins in circulation. Other institutional investors like MicroStrategy and Square have also invested heavily in bitcoin as a store of value.
Apart from these large holders, there are also many small investors and traders who hold a fraction of a bitcoin or a few bitcoins. The number of small bitcoin holders has been increasing over the years, as more people become interested in investing in digital assets.
In conclusion, the distribution of bitcoin holdings is not equal among all the holders, and some individuals and institutions hold a significant share of it. However, the number of small bitcoin holders is also increasing, indicating that more people are becoming interested in investing in digital assets. As bitcoin continues to gain mainstream adoption, the distribution of its holdings may become more widespread, leading to a more decentralized future.