The price of bitcoin has seen significant volatility within the past few years, rising from just a few cents per bitcoin to over $65,000 in Dec 2021. With the sheer amount of money that investors have poured into Bitcoin since its inception, it is no surprise that there are several people with significant holdings of digital currency. Here we will list five of these top Bitcoin investors and give an overview of their investment philosophy.
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#5 Roger Ver: Net Worth of $1 Billion
Roger Ver, also known as “Bitcoin Jesus” and Jihan Wu, is a Silicon Valley investor, internet entrepreneur, and staunch supporter of bitcoin core. Now, he owns about 30,000 bitcoins, which amounts to about $1 billion.
He has invested in many bitcoin-related startups such as Bitinstant, Blockchain.com and Kraken. Investing in Bitcoin has been good for him as it has matured into a primary digital currency over the years. His ideas have contributed to the development of the Digital Currency industry, which we see today, with some saying that bitcoin wouldn’t be what it is today without his input.
#4 Barry Silbert:
Barry Silbert is the CEO of Digital Currency Group, which has over $200 million worth of investments in 80 different bitcoin-related startups. One of his significant investments includes the company Digital Currency Group. DCG has an office in New York City, creating a hub for Bitcoin companies in this space. His venture capital fund is Genesis Global Trading, and he has already invested in big names such as Bitstamp, Kraken, Ripple, Pantera Capital, and many others.
#3 Michael Saylor:
He is the founder of Raptor Group, which specializes in creating trading systems for financial trading companies and hedge funds. To date, his company has over $5 billion in financial products in the market.
He is an avid investor in bitcoin, and his company has invested about 10 million dollars into various startups like Bitpay and Circle. He believes digital currency will significantly impact the world’s economy because it can be transferred quickly without going through any central authority, and there are no transaction fees.
#2 Tyler and Cameron Winklevoss:
These twin brothers believe that bitcoin has the potential to be a mainstream currency and will be worth almost $140 billion within a decade. They have invested about $11 million into startups, including BitGo, Coinbase, Bitpay and Circle, to name a few.
#1 Elon Musk:
Elon Musk is a billionaire, entrepreneur, and innovator that has made many contributions to the world of technology. He is famous for his car company, Tesla, and space exploration company, SpaceX. In addition, he has become a cryptocurrency enthusiast, investing almost $20 million into bitcoin startups, including OpenCoin, Blockseer, and Digital Asset Holdings.
Satoshi Nakamoto: The Largest holder of bitcoin:
Satoshi Nakamoto, known as “Satoshi”, holds a lot of bitcoin, although it is somewhat unknown how much. Satoshi is believed to be the creator of bitcoin and could be the founder of close to 1500 different companies.
He has made use of it so far by transferring it out at different times and using it to purchase items like old domains, domains he controlled, courses in cryptography, and other stuff. Even though many of his holdings are unknown, there were reports that he was holding up to 1 million bitcoins. Every time there was a price increase in bitcoin, the prices went down in other markets and vice versa.
It is reported that Satoshi Nakamoto holds more than 1 million BTCs. In 2015, the price of bitcoin surged past $1000 for the first time. In December 2013, with the value of bitcoin at $643, Nakamoto sold about 50,000 BTC to an unknown party for $500,000 in bitcoins (about $4.8 million at the time). The transaction is still unconfirmed and placed on record as ‘Pending’.
The list above shows 5 Bitcoin investors that have made significant investments in this industry over the past few years. They are all opinionated about Bitcoin and how it will impact both finance and technology in the future. For example, if Satoshi Nakamoto is the biggest holder of bitcoin, he can quickly become one of the world’s wealthiest men by selling off all his bitcoin units.