How many people own 1 whole Bitcoin?
However, some estimates can be made based on blockchain data and surveys of Bitcoin holders. According to data from Bitinfocharts, as of March 2023, there are approximately 827,000 addresses that hold 1 bitcoin or more, representing around 4.5% of all addresses on the Bitcoin network.
How many people own 1 full Bitcoin? According to the blockchain analysis platform BitInfoCharts, more than 1 million wallet addresses hold at least 1 BTC.
At approximately 32.9 million active entities, this would mean the average non-exchange, non-miner entity owns 0.46 BTC, or around $12,420. The median is significantly less, at 1.34 addresses per user and the median address holding roughly 0.005 BTC, the median entity would have roughly 0.0067 BTC, or around $180.90.
- Satoshi Nakamoto. Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is more a legend than a person we can pinpoint. ...
- Cameron and Tyler Winklevoss. ...
- Changpeng Zhao (CZ) ...
- Tim Draper. ...
- Michael J. ...
- Others. ...
- MicroStrategy. ...
- Galaxy Digital Holdings.
The number of wallets holding at least one bitcoin has reached an all-time high of 1,008,737 million, according to data from Glassnode. This increased distribution of wallets with at least one bitcoin suggests increased decentralization of the network.
As of March 2023, the top 1% of Bitcoin addresses hold over 90% of the total Bitcoin supply, according to Bitinfocharts.
Just now, according to Glassnode data, the number of addresses holding more than 100 BTC has reached a four-month low, currently standing at 15,955.
In just 2024 alone, it's added $400 billion to its market and finds itself a measly 10% off of its all-time high of around $68,000. For years, investors have had their sights set on Bitcoin reaching a $100,000 price tag, and it finally looks like it could happen.
In the last 10 Years, the Bitcoin (^BTC) Commodity obtained a 64.86% compound annual return, with a 76.96% standard deviation. Discover new asset allocations in USD and EUR, in addition to the lazy portfolios on the website.
| USD | BTC |
|---|---|
| 1,000 USD | 0.01427296 BTC |
| 10,000 USD | 0.14272964 BTC |
| 100,000 USD | 1.43 BTC |
| 1,000,000 USD | 14.27 BTC |
Does Elon Musk own Bitcoin?
Billionaire Elon Musk is a huge fan of cutting-edge technology and is usually ahead of the curve when it comes to finance, but he's not a bitcoin bull. The co-founder of Tesla Inc. revealed on Twitter that he owns only a tiny fraction of one bitcoin token.
| Billionaire (source of wealth) | Net worth in billion U.S. dollars |
|---|---|
| Changpeng Zhao (Binance) | 65 |
| Sam Bankman-Fried (FTX) | 24 |
| Brian Armstrong (Coinbase) | 6.6 |
| Gary Wang (FTX) | 5.9 |
How Many Bitcoins Have Been Mined as of the First-Half 2022? The majority of bitcoins have already been mined. As of June 2022, 19.07 million bitcoins were mined, leaving only 1.93 million left to be mined.
Bitcoin Ownership is Widely Distributed
As such, Bitcoin's ownership structure reflects the decentralized, open-source nature of Bitcoin's technology. In reality, only 2.3% of all Bitcoin owners own 1 BTC or more (worth around $35K per Bitcoin as of November 6th, 2023).
In its latest research report, Ark Invests suggests an optimal Bitcoin allocation of 19.4%. In previous years, Ark Invest's optimal Bitcoin allocation was in the 0.5% to 6% range.
Crypto holdings for most individuals are relatively small—as median flows equal less than one week's worth of take-home pay—but almost 15 percent of users have net transfers of over one month's worth of pay to crypto accounts.
In 2017, Taihuttu, his wife, and three daughters liquidated all they owned, trading a 2,500-square-foot house and virtually all their earthly possessions for bitcoin and a life on the road. This was back when the price of bitcoin was around $900. Bitcoin is currently trading around $19,200.
Prominent figures associated with substantial cryptocurrency wealth include individuals such as Changpeng Zhao (founder of Binance), Cameron and Tyler Winklevoss (founders of Gemini), and Chris Larsen (co-founder of Ripple). Their fortunes are tied to successful ventures in the crypto space.
But there are some compelling theories for who Satoshi really is — and who might control the 1.1 million bitcoin in known Satoshi wallets. If Satoshi is alive and in control of his keys, then he has access to holdings worth around $70 billion at today's prices.
It is widely believed that around 4,000,000 coins (or about 20% of the total issued supply) are lost forever. In this post, let's explore the ways a Bitcoin wallet can become 'lost' and explore the most famous cases of these lost wallets.
How much is $500 in Bitcoin wallet?
The current price of 500 US Dollar in Bitcoin is 0.00777364 BTC.
The exchange addresses represent the holdings of many individual investors who are not holding their own keys. Binance owns the largest cold storage wallet address, 34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo, which holds 248,597 BTC.
If you had invested $1,000 into bitcoin five years ago, the investment would have grown by 1,352% and be worth around $14,524 as of Feb. 14. If you had bought $1,000 worth of bitcoin 10 years ago, it would have grown by 7,644% and be worth around $77,443 as of Feb.
Known for her innovative investment approach, Cathie Wood predicts Bitcoin will surpass $1 million sooner than her previous estimate of 2030.
A reasonable assumption that Bitcoin could hypothetically reach the null state of it's value is worth the thought. Even-though such an event is very less likely to take place, there are some factors that could theoretically lead to Bitcoin price crashing to zero.
