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   Distributed over several wallets, it’s estimated that Satoshi owns over 1 million BTC worth in excess of $19 billion at the time of writing this article. This makes Satoshi the biggest bitcoin holder. MicroStrategy is the largest corporate holder of bitcoin (130,000 BTC as of September 20, 2022). Additionally, over 30,000 bitcoin addresses are holding more than $1 million BTC. The price volatility of Bitcoin has left many skeptics questioning the mathematical and economic basis of price movements while searching for a generalized justification for its valuation. Since Bitcoin is decentralized, it doesn’t follow the monetary policy of governments, and Bitcoin is not backed by any underlying asset or government. This creates skepticism among investors and consumers who appreciate the price stability signals a fiat currency enjoys from government policy and support.
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