Crypto investing requires the right insights and the proper investment methodologies. Only a few have mastered this technique yet. Some of the most successful Bitcoin investors started accumulating the coin early and are now sitting on a massive amount of untapped wealth.
Barry Silbert is the founder and CEO of Digital Currency Group. His company aims to boost the development of a universal financial system by using the blockchain and bitcoins. The group has invested in more than 125 blockchain-based companies worldwide, including CoinDesk, which it acquired in 2016. The Group has also invested in a company called Genesis, which provides liquidity for buyers and sellers of crypto coins in the market. Barry Silbert’s company also owns a controlling share of Grayscale Investments, which manages the Bitcoin Investment Trust.
Dan Morehead is the founder, CEO, and Chief Investment Officer at Pantera Capital. He founded the company that launched the first cryptocurrency fund in the United States when Bitcoin traded for $65 each. Pantera Capital focuses on BTC investments and is one of the world’s largest institutional holders of Bitcoins. Some of Pantera’s investments include Bitstamp (the European exchange platform), the Brave browser (which is an open-source web browser and advertising ecosystem), Shapeshift (a decentralized trading platform), and Polychain Capital (a venture which raised $200 million in 2017). During the peak of the cryptocurrency boom around the world, the company earned a whopping 24000% return for its investors.
Tyler and Cameron Winklevoss are investors in several cryptocurrencies and blockchain-related businesses, most notably the Gemini exchange. They are the first crypto billionaires of the world, collectively holding 100,000 coins worth about $4.8 billion as of August 2021. The Gemini Exchange, which allows investors to buy, sell and store digital assets, launched bitcoin futures on the Chicago Board Options Exchange in December 2017 and is believed to be the first company in the United States. In addition to Bitcoin, the brothers also hold a large quantity of Ethereum, although there are no official reports that confirm an exact amount.
Michael Novogratz was formerly a hedge fund manager at Fortress Investment Group and a partner at Goldman Sachs. Michael Novogratz is the CEO and Chair of Galaxy Digital Holdings, an investment fund that trades and manages blockchain-related assets worldwide. He founded the company in 2018, contributing upwards of $300 million in digital assets. In March 2020, the company reported $356.2 million in assets. In 2019, Galaxy held 13,338 BTC, which has a current estimated value of $620 million.