World’s largest Bitcoin holders’ list includes unexpected guest

We weren't expecting THAT one.

by | Published on 14th Sep 2023

These are the world’s largest Bitcoin holders, and the list includes some surprising names.

One in particular might not sit right.

READ MORE: Crypto bros are selling their luxury cars in droves as the market continues to bleed

We should point out that a Bitcoin address isn’t like a bank account, so that means it does not necessarily have a name attached to it.

But some Bitcoin addresses are labelled, and this is how we know who the holder is.

Financial players

Eight of the world’s largest Bitcoin holders are financial firms.

Most of them are crypto exchanges like OKX (118,334 BTC), Bitfinex (192,508 BTC) and Binance (498,147 BTC).

But the list also features financial entities that offer both crypto services and traditional tools like stocks and funds.

Among others, we’ve got Robinhood (118,300 BTC), MicroStrategy (152,800 BTC) and Grayscale (643,572 BTC).

Now onto some more interesting names.

Satoshi Nakamoto

Satoshi Nakamoto, the anonymous founder of Bitcoin, is unsurprisingly also the world’s largest holder.

The true identity of Nakamoto is a mystery but what we do know is the person behind this pseudonym owns 1.1 million BTC scattered across different wallets.

Bitcoin’s max supply is capped at 21 million, so that means that Nakamoto controls roughly 0.2 percent of the entire stockpile.

It’s worth noting that Nakamoto created Bitcoin in 2009 and disappeared right after.

His Bitcoins have not moved in 14 years.

An unexpected guest: the US Government

It sounds crazy but the US Government is the fifth-largest Bitcoin holder in the world with at least 175,000 BTC to its name.

Most of these Bitcoins were acquired after the FBI shut down the black marketplace Silk Road in 2013.

Silk Road mostly relied on Bitcoin, so when the FBI arrested the founder, they also seized a large quantity of BTC.

The US Government has sold some of its Bitcoins since, but it regularly replenishes its stack.

This is because even though the US Government does not actively buy crypto, it has the right to seize ill-gotten gains whenever there’s a crypto-related crime on US soil.



You might be interested in

Experienced content creator with a strong focus on cars and watches. Alessandro penned the first-ever post on the Supercar Blondie website and covers cars, watches, yachts, real estate and crypto. Former DriveTribe writer, fixed gear bike owner, obsessed with ducks for some reason.

Trending This Week