5 Wallets With The Most Bitcoin In The World

  • Top Bitcoin holders include Satoshi Nakamoto, Grayscale, Binance, Bitfinex, and the U.S. Government.
  • Grayscale’s Bitcoin ETF pursuit faces SEC scrutiny.
  • Cryptocurrency’s role grows amid diverse ownership, despite regulatory challenges and security risks.

Bitcoin’s popularity is undeniable and its role as the world’s reserve currency replacement is uncertain, but it’s a dominant decentralized payment network poised to transform finance.

Surprisingly, the largest Bitcoin holdings belong to major financial institutions and organizations. While that’s not exactly a problem, it generates a certain curiosity as to why these guys are into BTC and whether it is significant for the crypto market.

1. Satoshi Nakamoto (1.1 million BTCs)

Nakamoto is believed to have mined approximately one million bitcoins from 2009 to 2010, which were distributed across approximately 22,000 wallet addresses. While there are speculations that Nakamoto intentionally withdrew these bitcoins from circulation, it remains unclear who currently holds access to this substantial BTC reserve.

2. Grayscale (643,572 BTCs)

Grayscale, a leading asset manager, is actively trading its cryptocurrency assets on the US stock market. Notably, the company holds a substantial 643,572 BTC, equivalent to roughly 3% of the total Bitcoin supply. Its significant Bitcoin holdings reflect its prominent position in the market.

Nonetheless, their initial endeavor hit a roadblock in 2022 when the U.S. Securities and Exchange Commission (SEC) turned down their application. The SEC’s reasoning revolved around concerns about what they viewed as insufficient surveillance measures.

3. Binance (498,147 BTCs)

It’s unsurprising that Binance, the globe’s largest cryptocurrency exchange, boasts significant BTC holdings in its cold storage wallets. It commands an impressive stash of 498,197 BTC, securing its position as the leading holder of Bitcoin in a single wallet. The very nature of Binance’s operations provides a clear rationale for its significant BTC holdings.

See also  The StepN App: Earn Cryptocurrency While Doing Exercise

4. Bitfinex (192,508 BTCs)

Bitfinex holds about 192,508 BTC and is one of the biggest players in the Bitcoin market. Interestingly, the exchange suffered a hack in 2016 that wiped off 119,756 BTC, which at the time was valued at $66 million. The US Department of Justice recently unveiled the faces behind the attack, bringing to light the risks and challenges that cryptocurrency exchanges face.

5. U.S. Government (175,000 BTCs)

The United States possesses the most bitcoins, acquired not through exchange purchases but through various means. Instead, this mass wealth of BTC was seized from the Silk Road, Bitfinex, etc. Over the years, many government agencies have confiscated Bitcoin, highlighting the evolving relationship between governments and cryptocurrencies.


These five wallets with the most Bitcoin shed light on the diverse nature of cryptocurrency ownership. Each entity plays a unique role in the Bitcoin ecosystem. These vast Bitcoin holdings also emphasize the growing importance of cryptocurrencies in the global financial landscape, even as regulatory challenges and security risks persist.

Related Posts

Download Newz App

Easy to update latest news, daily podcast and everything in your hand