Who owns the most Bitcoin? If you’re a cryptocurrency owner, this question may have crossed your mind. Scarcity and demand drive Bitcoin value, so it’s wise to understand who the Bitcoin giants are.
Want to know more? Keep reading to learn who owns the most bitcoin, how to get bitcoins, and more.
Who Owns the Most Bitcoin: The Facts and The Mystery
On June 15, 2021, a business intelligence company called MicroStrategy became the biggest public Bitcoin holder owning 92,079 Bitcoins worth $3.6 billion. Tesla, Square, Galaxy Digital Holdings, and Voyager Digital are among some of the other biggest public Bitcoin holders.
The person with the most Bitcoin is the creator (or creators) of Bitcoin itself, owning an estimated 34.9 million U.S. dollar’s worth of the cryptocurrency. Whether Bitcoin was made by a team of people or a single person is unknown, as the developer is only known by the pseudonym, Satoshi Nakamoto.
Other Bitcoin millionaires include Chief Executive Officer and founder of Digital Currency Group, Barry Silbert; CEO of Digital Asset Holdings, Blythe Masters; the founder of Pantera Capital, Dan Morehead; and the twins who famously sued Mark Zuckerberg over Facebook, Tyler and Cameron Winklevoss.
Want to get into Bitcoin and compete with the likes of the Winklevoss twins? Here’s some basic information on this popular cryptocurrency to get you started.
How Much Is Bitcoin?
You can’t truly know this cryptocurrency’s worth until you see the Bitcoin cash price. According to Markets Insider, one Bitcoin is currently worth 29,611.07 U.S. dollars. This number is subject to change, as the value of Bitcoin is constantly fluctuating like much of the economic market.
How To Get Bitcoins
You can buy and sell Bitcoin and other cryptocurrencies with ease when you use a Bytefederal Bitcoin ATM. With this nifty crypto kiosk, you can also buy gold and gift cards.
If you’re in Franklin, New Jersey, check out https://www.bytefederal.com/ to find Bitcoin ATM near you. Bytefederal has Bitcoin ATMs across the United States but they are mostly concentrated in the northeast.
Get Bitcoin for Free
Nearly thirty-thousand dollars is a lot to pay for one Bitcoin. To get this cryptocurrency at no charge, search for a Bitcoin faucet where you can get free Bitcoin in exchange for completing a task. Popular Bitcoin faucets include Cointiply and Bitcoin Aliens.
Beware The Halvening
Before you invest you should be aware of Bitcoin halving. Jokingly referred to as “the halvening,” this event happens when the pace of Bitcoin creation is cut in half.
The pace of creation returns to normal when all 21 million Bitcoins are completely mined. The event takes place every 210,000 blocks mined or about every four years.
Simply, halving occurs when the amount of Bitcoin in circulation is cut in half, increasing demand and price. When Bitcoin is halved, you have a chance of either gaining a large profit or completely losing your investment, making it a highly anticipated event.
Who Owns the Most Bitcoin?
Now that you know the basics, you can start your journey into the world of crypto. Play your cards right and you might become the person who owns the most Bitcoin.
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