Who owns all the Bitcoin? These people and institutions have disclosed their holdings

Original title: "Who owns all the Bitcoin?"

Have you ever wondered who owns all the Bitcoins?

Bitcoin addresses are publicly available, but it is difficult to figure out who owns the wallet. Fortunately, the Internet has a memory. Blogger Kevin Rooke compiled a list of publicly held Bitcoins based on online information, including many listed companies, fund companies, and the US government (it holds more Bitcoins than all listed companies).

The following is the list details and purchase history, please check~

1. Grayscale: 534,906 BTC

Grayscale's Bitcoin Trust (GBTC) is a fund for investors who want to invest in Bitcoin but are concerned about the risks. Investors give cash or Bitcoin to Grayscale in exchange for GBTC shares. These shares are backed by a certain amount of Bitcoin, and after deducting an annual fee of 2%, they can be traded and circulated on the secondary market.

In addition to GBTC, Grayscale's Digital Large Cap Fund also has Bitcoin, which is a multi-asset portfolio fund that includes BTC, ETH, XRP, BCH, and LTC. Fund shares are backed by a certain amount of digital assets, with a 3% fee deducted annually. The Digital Large Cap Fund can also be traded on the secondary market with the code GDLC.

2. Block.One: 140,000 BTC

Block.One is a blockchain software company. From June 2017 to June 2018, they raised $4 billion through ICOs to develop the EOSIO network.

Bloomberg revealed that Block.One’s CEO mentioned in an email to shareholders on March 19, 2019 that the company holds 140,000 bitcoins.

3. WBTC: 124,503 BTC

Wrapped BTC (WBTC) is jointly initiated by BitGo, Kyber Network, Ren and other projects. It is Bitcoin issued on the Ethereum network. WBTC is 1:1 backed by Bitcoin and is hosted by BitGo. Bitcoin can be traded as an ERC-20 token. WBTC was established on October 26, 2018 and is now the world's largest Bitcoin deposit pool.

4. US Government: 69,406.9 BTC

Many U.S. government agencies hold Bitcoin, most of which are confiscated from legal cases.

The first time the U.S. government seized Bitcoin was on June 26, 2013, when the Drug Enforcement Administration seized 11.02 Bitcoins from a Silk Road drug dealer in South Carolina.

In October 2013, Ross Ulbricht, the founder of the dark web, was arrested and 173,991 bitcoins were confiscated. Since then, the US government has held several public auctions to exchange bitcoins for cash.

On November 3, 2020, the U.S. Department of Justice seized 69,370 bitcoins related to Silk Road.

5. CoinShares: 66,147.8 BTC

CoinShares is the largest digital asset management company in Europe. They offer two Bitcoin funds that can be traded in euros and Swedish kronor. Both funds are backed by a certain amount of Bitcoin. CoinShares uses the funds obtained from the sale of fund shares to buy Bitcoin. The annual fee of the fund is 2.5%.

6. MicroStrategy: 38,250 BTC

MicroStrategy is a technology company that develops business intelligence software. The company uses Bitcoin as its main reserve asset. In August this year, MicroStrategy announced that it had purchased Bitcoin for $250 million and subsequently purchased another $175 million in Bitcoin.

7. Tim Draper: 29,656.5 BTC

Tim Draper is an American venture capitalist and founding partner of venture capital firms Draper Associates and DFJ.

In July 2014, the U.S. Marshals Service auctioned 29,656 bitcoins seized from Silk Road, and it was later revealed that Tim Draper won the auction at $632 per bitcoin.

In a December 2017 interview with CNBC, Draper confirmed that he still holds all of his Bitcoin, but has made no further public statements regarding his Bitcoin holdings since then.

8. Tezos Foundation: 24,518 BTC

The Tezos Foundation is a Swiss non-profit organization that aims to promote the Tezos protocol through grants and other funds. Bitcoin is the largest reserve asset of the Tezos Foundation, accounting for 37% of total assets in the second quarter of 2020.

9. Michael Saylor: 17732 BTC

Michael J. Saylor is the CEO of MicroStrategy, a publicly traded software company he founded in 1989. In October 2020, Michael Saylor tweeted that he owned 17,732 bitcoins at an average price of $9,882, which he bought before the company decided to use Bitcoin as a reserve asset.

10. Galaxy Digital: 16,402 BTC

Galaxy Digital Holdings is a company focused on digital assets and blockchain technology industries, aiming to build the Goldman Sachs of digital assets. They intend to trade digital assets in the active cryptocurrency market in the future, thereby profiting from price or profit fluctuations.

11. 3iQ: 13,771 BTC

3iQ is a Canada-based investment fund management company that charges 1.95% annually for its publicly traded Bitcoin fund, which is listed on the Toronto Stock Exchange under the ticker QBTC.

12. Stone Ridge Holdings: 10,000 BTC

Stone Ridge Holdings is a New York-based asset management company that manages a portfolio of more than $10 billion. On October 13, its subsidiary NYDIG's financing statement revealed that Stone Ridge Holdings purchased "more than 10,000 bitcoins" as part of their asset reserve strategy.

13. ETC Group: 8,206 BTC

ETC Group, a European-based investment firm, has launched a publicly traded Bitcoin fund that charges 2% annually. The fund is already trading on Deutsche Börse XETRA under the ticker BTCE.

14. Square: 4,709 BTC

Square is a financial services and mobile payment company based in the United States. Its CEO Jack Dorsey (founder of Twitter) is a big fan of Bitcoin.

In 2018, Square launched a Bitcoin purchasing feature in its Cash App product, and in 2020 it added Bitcoin as a company reserve asset for the first time.

15. Hut 8 Mining: 2,851 BTC

Hut 8 Mining is a mining company based in Toronto, Canada, currently listed on the Toronto Stock Exchange.

16. 21Shares: 2,494 BTC

21Shares is a Swiss-based technology finance company. They have listed a range of trading products for investors looking for exposure to digital assets in Switzerland and around the world. The five trading products they have released are all backed by a certain amount of Bitcoin and can be traded on a number of exchanges in Europe.

17. Riot Blockchain: 1,175 BTC

Riot Blockchain is a public company specializing in Bitcoin mining. On January 22, 2018, Riot Blockchain won 500 BTC auctioned by the U.S. Marshals Service. Since then, Riot Blockchain has continued to hold Bitcoin on its balance sheet, which mainly comes from mining.

18. Elon Musk: 0.25 BTC

Elon Musk is the CEO of Tesla. In November 2017, Musk wrote on Twitter: "A few years ago, a friend sent me some Bitcoin, but I have no idea where it is." In 2018, Musk disclosed the number of Bitcoins he held on Twitter: the total was only 0.25.

The number of bitcoins listed in the above list exceeds 1 million, accounting for less than 5% of the total number of bitcoins. As time goes by, new holders may be "exposed", but the vast majority of holders will surely remain hidden in mystery forever. In addition to the list above, who else do you know who publicly holds bitcoins?