The Bitcoin industry has come a long way since its launch 13 years ago. Once, it was a mysterious technology that only attracted suspicions and controversies. Its complicated mechanics made it a risky method of business and financial management.
Today, it is one of the most revolutionary technologies of the decade, as countless influential personalities have stepped forward to invest in this market and become some of the top bitcoin holders.
From NFTs to entire music albums, many celebrities have started running their businesses through bitcoin networks.
If you have discovered this unique asset only recently, you would want to know more about its impact and the support it receives from the general public. We will shed light on this game-changing industry and look at some mainstream celebrities and influencers who have become a part of this digital force.
If you want to join this rising wave of investors, read on to learn everything you need to know about this digital market.
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Elon Musk
It is no secret that Elon Musk has openly criticized Bitcoins and the cryptocurrency industry in general. Despite this, he is one of the most contributive investors of this technology and a front face of the Bitcoin community.
You may have heard about how Bitcoin prices increased by 25% in January 2021. That development happened when Elon Musk publicly announced his involvement in the Bitcoin industry.
As one of our time's wealthiest and most well-recognized personalities, his mere Twitter updates can cause the crypto markets to fluctuate. Since his announcement in January 2021, he has openly shown his support for the Bitcoin technology, going as far as having his renowned company, Tesla, purchase $1.5 billion worth of bitcoins. Today, he sits as one of the top bitcoin holders in the world.
Gwyneth Paltrow
Since 2017, Gwyneth Paltrow has stepped forward as an active and productive member of the bitcoin wallet business known as Abra. She has grown as a lead representative of the project and stands as a consultant and expert in the bitcoin community. She continues to educate the general public about this technology and expand the scale of investors.
Maisie Williams
The beloved Game of Thrones star joined the community of famous bitcoin holders in an interesting way. In November 2020, she opened up to her Twitter followers and asked them whether or not she should invest in Bitcoins and how she could get started. Given her popularity, the tweet blew up as over 900,000 users responded by sharing their advice and opinions on this decision.
Even though a good chunk of her fans advised her not to pursue this market, she took the leap of faith. Williams thanked her followers for the advice and purchased a handful of bitcoins. Ultimately, this proved a wise decision as bitcoin prices have skyrocketed since then.
Mike Tyson
As one of the most famous athletes and professional fighters, Mike Tyson is among the first celebrities to jump on the bitcoin train. In 2015, he openly expressed his appreciation for this revolutionary digital currency.
Since then, Tyson has become somewhat of a symbol for bitcoin wallets as he's partnered with Bitcoin Direct, and his widely-recognized face was tattooed on bitcoin ATMs everywhere.
Snoop Dogg
The classic rapper has left marks on the crypto industry since the beginning. His involvement in the market sparked when he spoke up against the fabricated Snoop Dog-branded tokens and NFTs running around the market. Since then, he has invested in numerous crypto-projects, including NFTSs, Web3, and many more.
He pretty much pulled his whole career on the back of cryptocurrency. Ten years ago, he began selling his albums at the cost of 0.3 BTC each, equivalent to $14000 today. Though he hasn't revealed how many copies he's sold or where he stands as a famous bitcoin holder, he is undoubtedly secured a successful position in the bitcoin community. This is proven by his recent announcement of an NFT-powered restaurant opening in Los Angeles
Kanye West
Although we do not know how many bitcoins he has purchased or the exact amount in his crypto-wallet, Kanye West's support for this digital industry is unquestionable. In a podcast hosted by Joe Rogan, West discussed how bitcoins would change the world as we know it. He talked about the endless possibilities that cryptocurrencies like BTC can open for all industries and called them 'the next frontier of humanity.'
Ashton Kutcher
The Hollywood A-lister is known for his role-model looks and personality. But many do not know about his contributions as a tech investor. Kutcher has been supporting the bitcoin blockchain technology for a decade since 2013. He commented in a CNBC interview about how bitcoins will be revolutionized over time. He has also worked alongside Mark Cuban to invest in a sports betting blockchain known as Unikrn.
Jamie Foxx
As a legendary actor and singer, Jamie Foxx recognized the potential of the crypto market as he enthusiastically invested in the crypto-token trading system and tweeted about his involvement in Cobinhood.
Richard Branson
As a Twitter icon and founder of the Virgin Group, Richard Branson joined the bitcoin community in 2014, when he invested $30 million to fund a bitcoin payment processing network called BitPay. Although his place as a top bitcoin holder remains a mystery, it is clear that he sees the growth potential of this digital currency.
By now, you are probably bursting with inspiration and wanting to join the cause for this futuristic currency, just like your favorite actors, rappers, and influencers. It is a risky choice, but it can be worth it if done right.
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Which Celebrities Own the Most Bitcoin in the World?
As you can tell by now, most celebrities who own bitcoins prefer to keep their earnings private. So, it is hard to tell who holds the heaviest crypto-wallets today. In fact, some people don't go public with their investments and purchases as they are not interested in exposing their connections with controversial industries. That said, most investors discussed here are considerably wealthy to a degree where they can afford if there is a fall instead of a rise in their bitcoin investment.
However, the biggest bitcoin owner today is the man who started this ordeal, Satoshi Nakamoto - the man who invented bitcoin technology. Though he departed from the project in 2010, Nakamoto is noted to have earned over a million bitcoins, up to over $23 billion at today's rates.
Of course, bitcoins have undergone various changes since 2010, and today's market rates are genuinely unpredictable. You can learn about the different rules and trends of crypto trading from Superprof's cryptocurrency courses.
Which Companies Hold the Most Bitcoin?
Many of the celebrities discussed in this blog manage to invest in cryptocurrency since they own successful businesses and projects. As a result, most of the bitcoin they earn is used to support their brands and franchises. This trend allows us to explore more celebrities with rich crypto-wallets and how they have used their earnings. Let us look at some of the top bitcoin holding companies in 2022.
MicroStrategy
Michael Saylor's tech enterprise, MicroStrategy, stands as a shining example of a bitcoin-powered business. Since August 2020, MSTR has continued to make successful investments in the crypto market. As of 2022, it has been reported to have made a total of 20 successful bitcoin purchases, allowing it to hold over 130,000 BTC. It undoubtedly sets an example of how risky investments can bear fruit to profitable results.
Tesla
If you thought Elon Musk was changing the bitcoin game, wait to see what his iconic automobile company, Tesla, has brought to the table. In 2021, after Elon revealed his involvement in the bitcoin market, Tesla purchased a large sum of bitcoins equal to a whopping $1.5 billion. Since then, it has opened up policies to welcome bitcoins in the market by permitting them as a payment method. In 2022, these investments proved beneficial when Tesla sold 75% of its bitcoin shares to make approximately $936 million in balance.
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Cryptocurrency has a long way to go as a universally accepted method of exchange. Still, the way it changes the economic standards for many influencers shows where its potential is headed. If you want to stay ahead of the future, you have to learn more about bitcoins and their place in modern business investments.
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