Barry Silbert (2024)

FAQs

Does Barry Silbert own Bitcoin? ›

In 2015, Silbert sold SecondMarket to NASDAQ, but by then he had moved on to something new: bitcoin. In 2012, he was already buying up bitcoins for a trust that investors could pour money into.

Forbes Valuation

We estimated Silbert's net worth at $3.2 billion in 2022, though he fell off of Forbes' billionaire rankings amid rising debts at DCG. Cameron and Tyler Winklevoss are each worth $1.4 billion.

Barry Silbert is the founder and CEO of Digital Currency Group (DCG), a conglomerate of five cryptocurrency-focused companies.

Barry Silbert / Founder & CEO, Digital Currency Group.

For the third year running, Changpeng Zhao, founder and former CEO of crypto exchange Binance, is crypto's wealthiest person.

So, who are the top holders of BTC? According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.

Warren Buffett Doesn't Own Bitcoin, but His Company Is Betting $1 Billion on This Crypto Stock | The Motley Fool.

Bitcoin has made many millionaires already, and you could be one, too. Over the course of its 15-year history, Bitcoin (CRYPTO: BTC) has made plenty of millionaires. In fact, data from the blockchain analytics platform Glassnode shows roughly 115,000 wallet addresses with a balance of more than $1 million today.

Of course, Finman is biased: The teen crypto phenom used $1,000 his grandmother gave him when he was 12 years old to buy his first bitcoin when the little-known virtual currency was just $12 a token. By age 18, Finman had become a millionaire. (See more: Who is Erik Finman, the Bitcoin Millionaire Teenager?)

Did the Bitcoin guy go to jail? ›

Bankman-Fried, 32, sentenced for fraud on customers of the FTX cryptocurrency exchange he founded. Former crypto tycoon Sam Bankman-Fried has been sentenced to 25 years in United States federal prison for stealing $8bn from customers of the now-bankrupt FTX cryptocurrency exchange he founded.

He lost more money in one day than anyone, ever

Sam Bankman-Fried leaving the Bahamas on December 21, 2022, being extradited to the US to face charges. He is shown here at the airport before boarding a flight to the United States. As the value of FTX's assets disintegrated in November 2022, so did his net worth.

Barry Silbert is an entrepreneur and founder of several companies, including Grayscale Investments, a digital asset management company, and Digital Currency Group (DCG), a venture firm that owns companies, including troubled crypto lender Genesis.

The name "Satoshi Nakamoto" is the pseudonym for the person or people who introduced the concept of Bitcoin in a 2008 paper. 1 Nakamoto remained active in the creation of Bitcoin and the blockchain until about 2010 but has not been heard from since.

DCG is also an investor in U.S. crypto exchanges Coinbase (COIN. O) , opens new tab and Kraken, and its other holdings include the U.S. firm Circle, which runs the stablecoin USDC, and blockchain analytics companies Chainalysis, Dune Analytics, Elliptic and Etherscan.

Bitcoin was created by an anonymous person or group using the pseudonym Satoshi Nakamoto. Nakamoto published a whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," outlining the concept of a decentralized digital currency.

According to the latest TipRanks data, approximately 99.22% of Grayscale Bitcoin Trust (GBTC) stock is held by retail investors. Who owns the most shares of Grayscale Bitcoin Trust (GBTC)? Cathie Wood owns the most shares of Grayscale Bitcoin Trust (GBTC).

Known Bitcoin reserves held by governments account for 2.7% of the total 21 million supply of bitcoins, with the largest being the US Government with over 210,000 bitcoins worth more than $13bn at the time of writing.

The Bitcoin logo is an open-source image created by an unknown person or group under the pseudonym Satoshi Nakamoto. As such, it doesn't have a single owner or copyright holder. It's freely available for anyone to use under the terms of the open-source license.