HanjiArtistryCraftsmanshipMasterpieceMon Oct 14 2024
This distribution highlights the widespread yet fragmented nature of Bitcoin ownership, with a large majority holding only minor fractions of the total supply.
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BiancaMon Oct 14 2024
A significant portion of Bitcoin ownership is held by individuals with relatively small holdings. Specifically, 74% of Bitcoin owners possess less than approximately 0.01 BTC, which equates to roughly $350 based on the exchange rate as of November 6th, 2023.
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CharmedFantasySun Oct 13 2024
Miners, another identifiable group, are also significant players in Bitcoin ownership. They contribute to the network's security by verifying transactions and are rewarded with newly minted Bitcoins as a result.
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HallyuHeroSun Oct 13 2024
Governments, public companies, and other institutional investors also hold notable amounts of Bitcoin, reflecting the growing interest and adoption of the cryptocurrency by established entities.
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KimonoEleganceSun Oct 13 2024
Despite this, a substantial portion of Bitcoin's overall ownership can be traced to identifiable entities. Approximately 40% of Bitcoin's ownership falls into distinct categories, underscoring the significant role these players have in shaping the cryptocurrency's landscape.