Despite the numerous challenges faced by cryptocurrencies and the crypto market after it has brought in front of the world a decade ago; it has proved itself to be a hugely growing asset class that everyone now desires today. The crypto market is riddled with huge volatility and severe market crashes but yet this is one asset class that is never running short of investors and traders. You can now easily trade online using this reliable and safe trading platform.

Suddenly cryptocurrencies that began with obscurity have climbed into the limelight out of the blue. Although the asset class is still in its nascent stages, it still finds many takers. There are so many enthusiasts that the market is now overcrowded. 

Just as investors are growing by the day so are the types of new coins evolving. With this, its market capitalization is also growing. Thus, the trend shows that investing in this asset class is potentially rewarding. And no wonder the number of investors is growing by the day. Now we will take a sneak peek into the top investors be they individuals or companies that are trending at the moment.

Individuals Who Top as Bitcoin Investors

Bitcoin is a blockchain-based digital asset that has a market capitalization of nearly $421 billion as of 13 February 2023. It is one of the most popular forms of investment asset among investors now. And thus, several wealthy individuals have made a distinction for themselves as the top investors of Bitcoins. Here is a small look at the individual investors.

1. Barry Silbert

Founder and CEO of Digital Currency Group, Barry Silbert is claimed to be the top investor of Bitcoins as per Investopedia.com. He owns companies like Genesis that provide liquidity to buyers and sellers in the over-the-counter market. His company has plans of expanding by giving its support to Bitcoin and blockchain companies. They aim to accelerate the global financial system. Thus, they have invested in 166 blockchain-and cryptocurrency-based companies. The Group also owns Grayscale Investments with a holding of $14.4 billion in Bitcoins as of 2022. 

2. Michael Saylor

The co-founder and CEO of MicroStrategy, Michael Saylor has invested a lot with the firm belief that cryptocurrency is the new kid on the block that is set to be the biggest investment of all types. By snapping up 400 Bitcoins for $10 million in 2022, the company increased its holdings. Presently the company has a total of 129,699 Bitcoins. 

3. Tyler and Cameron Winklevoss

The Winklevoss twins, famous faces in the crypto market have invested in multiple cryptocurrencies and blockchain-based businesses. But the most noteworthy investment is with their privately-owned, Gemini exchange. They are reported to have been the first to set foot on the billionaire status all by investing in Bitcoins. They are said to have about 70,000 Bitcoins as per Forbes. Apart from Bitcoin, they have also invested indulgently in Ethereum. But no one is sure of their exact worth and value.

4. Elon Musk

Tesla’s co-founder and CEO, Elon Musk acquired Bitcoins worth $1.5 billion back in 2021. The company became Bitcoin-rich by accepting payment for their electric cars sold under the banner of Tesla.

5. Michael Novogratz

Michael Novogratz is a partner at Goldman Sachs and a former hedge fund manager at Fortress Investment Group. At present, he is the CEO and chair of Galaxy Digital Holdings. Under his chairmanship, the company that focuses on digital holdings using blockchain technology purchased approximately $62 million worth of NFTs. The company shot to fame in 2021 when NFT technology sold in the markets for millions of dollars. It is noted that the company has an approximate estimate of $257 million worth of bitcoins in its holding.

Top Public Companies with Huge Bitcoin Wealth

Here is a list of the top public companies that have also made it big by investing in Bitcoins:

  • Galaxy Digital Holdings has an estimated worth of $357 million Bitcoins.
  • Voyager Digital LTD has around $267 million worth of Bitcoins.
  • Tesla has Bitcoins to the tune of $1.50 billion.
  • Marathon Digital Holdings Inc. is a Bitcoin mining company that has around $218 million worth of them.
  • MicroStrategy, whose main reserve of assets is Bitcoins.

Now there are more public companies that have a huge wealth of Bitcoins that amount to millions. These companies reportedly are:

  • Block, Inc
  • Hut 8 Mining Corp
  • Riot Blockchain, Inc.
  • Coinbase Global, Inc.
  • Bitcoin Group SE

Conclusion:

This is a short list of the top Bitcoins individual and public companies’ investors. They are worth millions of dollars of Bitcoins which just goes a long way in proving that Bitcoin investment is after all a lucrative idea that you may as well try out.