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Michael saylor’s microstrategy is a public corporation with the largest amount of bitcoin. 689% of the total supply, or more than 130,000 btc, has been obtained by microstrategy since it first started to purchase bitcoin in august 2020. According to an sec filing, tesla, an electric vehicle manufacturing company, has joined the ranks of companies holding btc. The filing reveals that the company invested “an aggregate of 1. 5 billion usd” in bitcoin, amounting to around 7. 7% of tesla’s 19. 384 billion cash holdings as of q4 2020. 5 billion worth of bitcoins in january 2021. Elon musk, tesla’s ceo, said that the company sold around 10% of its bitcoin holdings in the first quarter of 2021 to demonstrate the liquidity of bitcoin. The sale generated proceeds of $272 million and the company made $101 million in profits from the sale. Other large bitcoin holders include the publicly traded microstrategy, with a 140,000 btc stash, and electric vehicle manufacturer tesla, with 9,720 btc. Satoshi nakamoto, the pseudonymous creator of bitcoin, owns the bitcoin wallet with the largest balance. The wallet contains over 1 million bitcoins (worth over $20 billion as of october 2020). The winklevoss twins, tyler and cameron, also own 1% of all bitcoins in circulation. Companies holding the most bitcoin. However, almost 200% of the bitcoin owned by public companies is owned by microstrategy. This company acquired bitcoin through a bond placement and corporate treasury. The bonds microstrategy has purchased have low interest rates and can be exchanged for fiat money or stocks. Tesla, meanwhile, owns nearly 000 bitcoins
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Valley of Pharaohs – 565.5 bch
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Tesla (tsla) bought $1. 5 billion worth of bitcoin in february 2021 (about 4,200 btc), causing a flurry of excitement in the crypto space. The company’s ceo, elon musk, tweeted “#bitcoin,” a post that resulted in a 17% surge in the digital asset’s price. Tesla also revealed plans to accept bitcoin as a form of payment. Who owns the most bitcoin in 2023? satoshi nakamoto not only invented, but also kickstarted bitcoin, by being the first miner to create blocks of transactions. It is estimated that satoshi mined more than 22,000 blocks starting from january 3rd 2009, and received more than one million bitcoin in cumulative block rewards for his work. Nakamoto is estimated to own approximately 1,000,000 btc, worth around $27. Other notable bitcoin billionaires include individuals like the winklevoss twins, institutional investors like microstrategy and governments such as those of the u. Private firms own roughly 174,068 bitcoin, or about 0. 829% of the total supply, according to river. One is the largest private owner with 140,000 bitcoin, or 0. 667% of the total supply – more than any public company. Governments across the world own an estimated 259,870 bitcoin, representing 1. 237% of the total supply. 80% of bitcoin volume in an average week can be traced to exchanges. Illegal activity is a small fraction (3%) of what actually goes on in the bitcoin blockchain. Prior to may 2021, when china cracked down on bitcoin mining and trading, bitcoin miners were hugely concentrated, with around 60% – 70% located in china. Who else owns the most bitcoin? aside from its founder, notable holders of a large number of bitcoin include chris larsen – the co-founder of ripple – and micree zhan, who co-founded the bitmain cryptocurrency mining company (via traders of crypto). In 2019, they were believed to have net worths of $2
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