Largest Bitcoin holders in 2024

Individuals who own the most Bitcoin

Our list starts off with individuals who hold the most Bitcoin. In this part, we'll refer to Satoshi Nakamoto as an individual, even though no one ever seems to be sure. Some people believe it could be a team of experts/founders, while others believe it was one person.

Satoshi Nakamoto: Approx 1.1 Million BTC

Satoshi Nakamoto, the mysterious creator of Bitcoin, mined more than 22,000 blocks before fading from public view in 2011. It's believed that he is the largest BTC holder in existence today, with an estimated 1 million coins stored across about 22,000 wallets.

While nobody can be certain about this number, what we do know for sure is that Nakamoto has never spent any of these coins. They were used a few times for test transactions, but that's just about it.

The value of these holdings would be extraordinary and could disrupt global currency markets if they were ever cashed out. This makes Satoshi one of the most influential yet unknown figures in finance today — a true innovator who left behind a daunting legacy.

The Winklevoss Twins: 70,000 BTC

The Winklevoss Twins have created quite a stir in the tech world ever since their well-known stand-off with Mark Zuckerberg over the founding of Facebook. Having been around the tech scene early on, Cameron and Tyler managed to take their million-dollar settlement and invest it famously in multiple cryptocurrencies.

As a result, they founded Gemini in 2014, an exchange and custodian for crypto services. Today, it's estimated that this dynamic duo are some of the largest Bitcoin holders with 70,000 BTC, making them one of the first to receive such recognition as blockchain and cryptocurrency billionaires from Forbes in 2022. It's evident that the Winklevoss Twins know their tech business.

Tim Draper: 30,000 BTC

Tim Draper is a well-known venture capitalist who has been an early adopter of Bitcoin. He first purchased Bitcoin back in 2012 and has since become a highly respected figure in the industry. His biggest purchase to date, however, took place in 2014 when the U.S. Marshals Service held an auction selling off a huge stash of Bitcoins — around 30,000 BTC total.

Draper was quick to take advantage of this rare opportunity by getting the coins for only slightly over $18 million USD at the time. Since then, he has gone on to make some impressive investments as an advocate of blockchain technology, with many new and exciting projects currently underway.

Michael J. Saylor: About 17,700 BTC

Michael J. Saylor is the co-founder and CEO of MicroStrategy, a publicly traded software company and a well-known Bitcoin maximalist. Since 2019, Saylor has made a huge bet on Bitcoin as an asset of the future by pouring millions of dollars into the coin. It's reported that he currently owns 17,700 BTC, which is an impressive show of his confidence in the cryptocurrency market.

In addition to investing heavily in Bitcoin himself, Saylor also regularly tweets and speaks publicly about it, offering investment advice to thousands across the industry. His sizable bitcoin holdings and vocal stance have made him an influential figure in pushing larger institutions toward cryptocurrency investment.

Barry Silbert: 16400 BTC

Barry Silbert is a financial innovator and entrepreneur focused on bringing digital currency to the mainstream. As founder and CEO of Digital Currency Group, he has created companies devoted to providing strong investments in the digital currency space.

One such company, Galaxy Digital, currently owns more than 16,400 Bitcoins alone– a testament to Silbert's success in introducing digital currency investors and enterprises to such significant gains.

Public companies that own the most Bitcoins

As public companies and corporations continue to evaluate the potential of Bitcoin as an asset class, many have begun to enter into the ecosystem, largely as a way to diversify their investments. Here are the top 5 companies that are the biggest Bitcoin holders in the public space.

MicroStrategy: 129,000 BTC

MicroStrategy, the publicly traded software firm, has made headlines in recent days for its move towards investing a large portion of its treasury in Bitcoin. Their holdings currently amount to over 129,000 BTC - making them the biggest Bitcoin holders by far.

Their first purchase of bitcoin was made as recently as 2020, and since then, they have been steadily increasing their holdings — showing a clear commitment to this up-and-coming asset class.

Marathon Holdings: 11,300 BTC

Marathon Digital Holdings is an American cryptocurrency mining company that is making great strides in the industry. It's currently the second-largest Bitcoin holder in regards to public companies, with a reported a little over 11,000 BTC under its possession. This figure has grown exponentially over the past year, highlighting the company's commitment to capitalizing on new cryptocurrency opportunities as they arise.

Tesla: 10,500 BTC

Tesla Inc. made waves the world over in February 2021 when it announced it had purchased $1.5 billion worth of Bitcoin. The move was met with much fanfare in the world of cryptocurrency, but things got even more exciting when Tesla announced in 2022 that it was selling 75% of its bitcoin holdings at the height of the crypto bear market, resulting in a highly profitable sale. As of now, Tesla still maintains 10,500 BTC as part of their digital asset portfolio.

Coinbase: 9000 BTC

Coinbase is one of the largest cryptocurrency exchanges in the world, yet surprisingly it holds only about 9000 Bitcoin. It seems that a company of this size and stature should own more than this, but it appears that it currently falls short of what many anticipated. Regardless, Coinbase is still a powerhouse in the space, and its success has contributed to Bitcoin's mainstream adoption.

Square. Inc/Block: 8000 BTC

Square is a significant player in the cryptocurrency world. Widely known for its popular payment processing app, Cash App, the public company is also one of the largest Bitcoin (BTC) holders currently in circulation. Square holds more than 8,000 BTC. Following a name change from Square to Block, the company has made considerable strides in the world of Bitcoin.

Private companies with the largest Bitcoin holdings

With cryptocurrencies such as Bitcoin continuing to make waves around the world, more and more private companies are taking the plunge and investing in them. Here are 5 of the top private companies with the largest BTC holdings.

Block.One: 140,000 BTC

Block.one has one of the largest Bitcoin holdings in the world, with an imposing 140,000 BTC sitting under its belt. The firm is responsible for supporting and pushing forward the open-source blockchain platform EOSIO, which has been gaining traction among cryptocurrency users.

The Tezos Foundation: 17,000 BTC

The Tezos Foundation, based in Switzerland, is one of the largest holders of Bitcoin in the world. With over 17,500 BTC in its holdings, the Foundation makes a significant impact on both the Tezos protocol and the cryptocurrency ecosystem. Established to support Tezos blockchain-related projects and initiatives, the Foundation has supported research teams across the globe.

Stone Ridge Holdings: 10,000 BTC

Stone Ridge Holdings is a financial services firm based in New York City, boasting an impressive client list and a portfolio of a few notable assets. One of the biggest claims to fame for this firm is its growing BTC holdings - it's now estimated that Stone Ridge is among the top Bitcoin holders with approximately 10,000 Bitcoin, making them one of the biggest investors in cryptocurrency today.

MassMutual: 3,500 BTC

MassMutual is one of the most successful insurance companies and mutual benefit societies in the United States. In 2020, they made headlines with the acquisition of $100 million worth of Bitcoin. This makes MassMutual one of the biggest investors in cryptocurrency and positions it on the cutting edge of financial technology processes.

With this large pool of digital assets, estimated to be around 3,500 Bitcoin under its control, MassMutual has become a leader in embracing these new digital assets as an investment opportunity.

Lisk Foundation: 1,898 BTC

The Lisk Foundation is a non-profit organization that supports the growth of the Lisk platform, which is an open-source blockchain application platform. It works to facilitate the development of decentralized applications and Sidechain solutions for businesses. The Foundation holds about 1,898 Bitcoin.

Tracking the largest Bitcoin wallets

It's estimated that almost 21 million Bitcoin will be released into the market, yet currently, only 19 million of them have been mined. Of the 19 million BTC already in circulation, about 4 million of which may be lost forever, 5.88% of those coins are distributed among the 10 biggest Bitcoin wallets out there. These 10 wallets contain anywhere from 59,000 to a jaw-dropping 1 million BTC each.

Binance is the world's largest and most successful crypto exchange, and as a result, it holds a significant amount of Bitcoin at 1.29% of all Bitcoin. Of course, a large proportion of that total belongs not to Binance itself but to its customers. Bitcoin wallets with over $1 million in Bitcoin currently exceed 65,000.

Tracking these largest Bitcoin wallets provides insight not only as to who owns the most Bitcoins but could potentially lead us to understand which entities are most likely to influence and shape the future of this captivating cryptocurrency.

How to use information about the largest Bitcoin holders in investment strategies

When it comes to investing in cryptocurrencies like Bitcoin, understanding the largest holders of this asset class can be incredibly beneficial. By following the trends that these major players are making, investors have found success in developing successful strategies within their own portfolios. For example, suppose one of the larger holders suddenly offloads a significant portion of their Bitcoins. In that case, it could be seen as a signal to decrease exposure or, better yet, sell entirely.

Conversely, increasing their holdings signifies positive sentiment and could be a good time to accumulate some assets in your portfolio. Additionally, following news and announcements from these large entities can also provide great insight into how to choose investments strategically and profitably.

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