Forbes: Billionaire loves Bitcoin and wants to buy 4.5 million Bitcoins through a crypto broker

According to foreign media reports, Forbes magazine contributor Billy Bambrough said that Eleesa Dadiani of cryptocurrency broker Dadiani Syndicate revealed to him:

“One of our clients came to us and said they were interested in buying 25% of all the bitcoin currently available. There are a lot of entities that want to dominate the market.”

Elisa Dadani is the founder of Dadiani Fine Arts Gallery on London’s Mayfair Cork Street, which began accepting cryptocurrency payments in 2017. Last year, Dadiani Syndicate partnered with Maecenas to tokenize Andy Warhol’s artworks.

Initially, Dadiani Syndicate was established to promote the conversion of crypto wealth into “real” wealth through art distribution. Dadiani said:

“But we found that there were people who wanted us to help them buy large amounts of Bitcoin.”

This would be 4.5 million of the approximately 17 million Bitcoins that have been mined so far. However, 10.5 million Bitcoins have not moved in a year, so it would be very difficult to buy 25% of all Bitcoins if that were the case.

But Dadiani claimed her company had been instructed to "search the market and get as close to 25% share as possible".

Trustnodes sent an email to her to confirm the authenticity of the matter, but has not received a reply yet. They also called her, but she did not answer the call.

Dadiani Syndicate specializes in arranging large purchases and sales for very wealthy individuals or institutions using channels in the art distribution sector. Dadiani said that they have now turned to the crypto space and people currently only want to buy Bitcoin, adding:

“Customers have little interest in other cryptocurrencies, but we have not been doing this for long, and in the future if customers need it, we will open up other cryptocurrency services. If someone wants to buy a large amount of Ethereum or other mainstream cryptocurrencies, we can find sellers.”

She further stated,

"Art and cars are a small industry, but Bitcoin and cryptocurrency are different."

While the above claims have yet to be proven, family offices, wealthy individuals and even institutions are now turning to cryptocurrencies as a hedging tool to diversify their investments or ensure a certain position is maintained.

Bitcoin's market value is currently around $150 billion, equivalent to the wealth of Jeff Bezos, the founder of Amazon. It pales in comparison to Apple, which has a market value of more than $1 trillion. And compared to the global stock market value of about $100 trillion, Bitcoin's market value is insignificant.

However, it remains to be seen whether billionaires can buy 25% of the circulating supply of Bitcoin, as most of it is hoarded by Hodlers.