Key Points:
– MicroStrategy, led by Michael Saylor, holds the largest number of Bitcoin among public companies.
– Marathon Digital Holdings and Tesla also hold significant amounts of Bitcoin.
– Public companies control about 1% of the total issued Bitcoin.
– Private companies hold a total of 2% of the Bitcoin supply.
– Binance, Bitfinex, and Gemini Exchange are among the largest holders of Bitcoin among exchanges.
– Binance wallets hold the most Bitcoin supply, followed by the US government and Mt. Gox.
– Approximately 100 wallets control 15% of the total Bitcoin supply.
Hot Take:
The analysis of Bitcoin wallets reveals the distribution of Bitcoin holdings among companies and governments. It is interesting to see the significant holdings of public and private companies, as well as the concentration of Bitcoin in a small number of wallets. Binance emerges as the largest holder of Bitcoin, indicating its dominant position in the crypto space. The data highlights the importance of wallet security and the role of exchanges as custodians of customers’ crypto assets.