Bitcoin’s price is nearing its all-time high, largely due to US finance giants like Grayscale, BlackRock, and Fidelity investing billions into the volatile digital asset. These institutions have become ‘Bitcoin whales’ in recent weeks. Given Bitcoin’s system, there will only ever be 21 million bitcoins. 19 million have been created, but many are already accounted for and probably off the market. The shift in wealth raises questions about the future of the digital currency that was originally created as a peer-to-peer internet money. The figures below are estimates gathered from direct research and published information.
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