As Bitcoin (BTC) continues to strengthen its position as the leading cryptocurrency, more and more individuals are adding it to their portfolios. Seen as an excellent tool for portfolio diversification, Bitcoin has captured the attention of many famous names around the globe, including several billionaires.
Top Billionaires Investing in Bitcoin
Recent data shows that at least 40 billionaires own Bitcoin. According to a crypto analyst known as HODL15Capital, who shared this information on X (formerly Twitter), some of the world’s wealthiest individuals are invested in Bitcoin.
At least 40 Billionaires own #Bitcoin 👇
Anyone missing? pic.twitter.com/dWG4zo7UQE
— HODL15Capital 🇺🇸 (@HODL15Capital) September 24, 2024
The list includes prominent names such as Tesla CEO Elon Musk, Meta CEO Mark Zuckerberg, Oracle founder Larry Ellison, former Binance CEO Changpeng Zhao, and Coinbase CEO Brian Armstrong. These influential figures recognize the potential of Bitcoin and have made it a part of their diverse portfolios.
Why Are Billionaires Turning to Bitcoin?
Bitcoin’s growing popularity among billionaires highlights the confidence that these leaders have in the future of cryptocurrencies. As the global economy faces uncertainty, many are looking toward Bitcoin as a hedge against inflation and a way to safeguard their wealth. The inclusion of BTC in the portfolios of such high-profile individuals suggests that the adoption of digital assets may continue to grow in the coming years.
