BTC to run out by year 2140, who is the biggest whale?bitcoin whales are individuals or entities that hold/own the most amount of the digital XAU, to achieve this financial status one has to own at least 1000 BTC, with the coin's supply being infinite to 21 million (also known as HARD CAP), meaning that only 21 million bitcoins can ever be created. it's important to know who the big players are in the market also to keep track of the left supply.
one of the important reasons i think why the supply was capped at 21 million was to ensure no risk of inflation even though the Bitcoin creator 'SATOSHI NAKAMOTO' disclosed once that him capping it at 21 million was just an "educated guess"
in order to control supply, there is what is called Bitcoin halving which is the process by which the reward for mining BTC by half hence the term halving. the first ever halving was November 28, 2012 this was the start of a historic run of BTC as a deflationary asset and the most recent was this year APRIL 19, with the reward for mining a single block cut from 6.25 BTC to 3.125 BTC. this event happens when 210,000 are added to the blockchain.
this also reduces the rate at which new coins are created maintaining scarcity which results in an increase in value.
with all that said, WH0 OWNS THE MOST BITCOIN?
top 5 public cooperation's that hold most Bitcoin
* MICROSTRATEGY - U.S company - holds 214,400 est. Value - $13.5B
* MARATHON DIGITAL - U.S company - hold 17,631 est. Value - $1.1B
* TESLA - U.S company - holds 9,720 est. Value - $600M
* HUT 8 - CANADA company - holds 9,109 est. Value - $574.1M
* COINBASE - U.S company - holds 9,000 est. Value - $567.2M
top 5 countries that hold most Bitcoin
* USA - holds 207,189 est. Value - GETTEX:13B
* CHINA - holds 194,000 est. Value - $12.2B
* UK - holds 61,000 est. Value - $3.8B
* GERMANY - holds 50,000 est. Value - $3.1B
* UKRAIN - holds 46,351 est. Value - $2.9B
top 5 private companies that hold most Bitcoin
* Mt. Gox - holds 200,000 est. Value - $12.6B
* Block.one - holds 140,000 est. Value - $8.8B
* Tether holdings - holds 75,354 est. Value - $4.7B
* Xapo Bank - holds 38,931 est. Value - $2.4B
* BitMEX - holds 36,794 est. Value - $2.3B
then there are other investors that are involved in the BITCOIN market without directly purchasing it but through bitcoin related assets. these are :
*Grayscale Bitcoin Trust
holds 291,802 est. Value - $18.3B
*iShares Bitcoin Trust
holds 274,322 est. Value - $17.2B
*Fidelity Wise Origin Bitcoin Fund
holds 152,880 est. Value - $9.6B
*CoinShares/XBT Provider
holds 48,466 est. Value SEED_TVCODER77_ETHBTCDATA:3B
*ARK 21Shares Bitcoin ETF
holds 43,470 est Value - $2.7B
top individuals that hold the most BTC.
*SATOSHI NAKAMOTO
1.1MILLION BTC
*THE WINKLEVOSS TWINS
70,000 BTC
*TIM DRAPER
29,500 BTC
*MICHAEL SAYLOR
17,732 BTC
researched and put together by : Pako Phutietsile as @currencynerd
