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COINTURK NEWS > Dogecoin (DOGE) > Dogecoin Co-Creator Billy Markus Reveals His Bitcoin Holdings
Dogecoin (DOGE)

Dogecoin Co-Creator Billy Markus Reveals His Bitcoin Holdings

In Brief

  • Billy Markus jokes about celebrating Bitcoin hitting $100,000.

  • He owns just 0.006 BTC, worth approximately $311.21.

  • Markus avoids holding large amounts of cryptocurrency.

COINTURK NEWS
COINTURK NEWS 1 year ago
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One of the main developers of the largest memecoin Dogecoin (DOGE), known as “Shibetoshi Nakamoto” on X and other social media platforms, Billy Markus, recently disclosed how much Bitcoin (BTC) he owns on his personal X account. He shared his plans in a joking manner for when the most significant cryptocurrency reaches the highly anticipated $100,000 price level.

Contents
“I Have 0.006 BTC”Avoids Holding High Amounts of Cryptocurrency

“I Have 0.006 BTC”

On Valentine’s Day, Markus tweeted humorously that he would celebrate Bitcoin reaching $100,000 by dining at Olive Garden. However, when asked about the size of his personal Bitcoin holdings, Markus claimed to have a surprisingly small accumulation, holding only 0.006 BTC, valued at about $311.21 at the time this article was prepared.

Despite his legendary status in the crypto world, Markus’s relatively small Bitcoin holdings keep him out of the whale category, typically reserved for those holding at least 1 BTC.

Furthermore, his disclosure of how much cryptocurrency he holds goes against the fundamental rule embraced by crypto investors, which is never to reveal one’s holdings to the public.

Avoids Holding High Amounts of Cryptocurrency

Markus is known for his cautious approach to cryptocurrency trading and investment, often expressing skepticism and avoiding holding large amounts of crypto. He recently mentioned preferring BTC for crypto investment and expressed limited interest in DOGE, which he helped create in December 2013. He also disclosed that he sold some Ethereum (ETH) at a loss a few years ago to pay off a tax debt.

Despite his integral role in Dogecoin’s early development, Markus has distanced himself from the project in recent years, shifting from active participation to merely providing verbal guidance. He has consistently emphasized that he has no plans to join the Dogecoin Foundation or create another cryptocurrency.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 15 February, 2024 - 3:52 pm 15 February, 2024 - 3:52 pm
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