Where does Elon and Saylor store their bitcoins?

[Kakmakr]

These guys will use financial advisors and bookkeepers to handle their affairs and they will want a paper trial of their transactions for auditing and tax purposes. This is why they used Coinbase (Exchange) ... because these centralized exchanges are fully regulated and within the legal requirements of the law. 

I doubt that they moved the coins to their own cold storage, but if I were them.. I would have moved some coins to my own cold storage.. because Exchanges are the weak link in the security chain. 

[kryptqnick]

They could be anyone from this rich address:

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Anyhow, I'm sure that there will not be put into public, obviously, for security reasons. Unless Tesla make it a public document in their next SEC filing.

Many of these addresses remained silent for a while, and some belong to various companies. I think if Tesla got their BTC in one place, those looking for whale alerts would pick up on that. So chances are, it's none of those addresses. It would be wise to spread the money onto various addresses, so that nothing catches attention and people don't try to steal the money. I'm okay with not knowing where their money is, I think it's reasonable not to disclose such information. I don't think they'd dump everything at once, so it's not like Tesla having BTC is going to have negative impact on the market.

[Oceat]

With those amounts of Bitcoin plus the news and social media all over the place, I don't think it would be a good idea to publicize it because it would basically increase the risk of losing it if hackers find out. We can't be careless about of our own property especially in online.

That being said maybe they have hid it on a secured offline wallet or something. Just look at the genesis wallet of Satoshi, I also wonder if hackers are trying their best to get their hands on it or something. lol

[jerry0]

So no one here thinks they use a hardware wallet then right?


So you are saying its in coinbase or gemini custody. 


So they don't have a seed then?

[Quidat]

With those amounts of Bitcoin plus the news and social media all over the place, I don't think it would be a good idea to publicize it because it would basically increase the risk of losing it if hackers find out. We can't be careless about of our own property especially in online.

That being said maybe they have hid it on a secured offline wallet or something. Just look at the genesis wallet of Satoshi, I also wonder if hackers are trying their best to get their hands on it or something. lol

Even things are unhackable but doesnt mean that those fella's would able to breach out everything if they'd like to and also, do you really believe that those billionaires doesnt have advisors behind.?
For sure they are really storing up their coins in a hardware wallet or a wallet where they do possess of their coins rather than on storing it on an exchange platform which they do know the risk of
losing them is high compared if they would just simply held of their coins on where they do possess its keys.People do really love on following someone even with those slightest details on where
those coins being stored of because they do like to see on how those coins will really be moving out applying it into their price action decisions.

[DoublerHunter]

So no one here thinks they use a hardware wallet then right?


So you are saying its in coinbase or gemini custody. 


So they don't have a seed then?

^ Probably it is possible, as we know this Elon Musk how clever he is when it comes to his investment and probably I think there is no custodial exchange or wallet that involve with their BTC investment. So, using a hardware wallet and hold on to his own control will probably the common choice for them. But probably I think Elon Musk hired a close on him that expert on storing BTC. I read lately about the free wallet that he threw negative feedback and that was I think the time that he is searching different BTC wallets. Nevertheless, they are right, that is none of our business and every investor has a right not to publicly revealed their assets.

[darkangel11]

That's right, they probably have some kind of a deal with exchanges and coins are held on the cold wallets managed by their exchanges or brokers. Musk doesn't hold those coins in his home, especially after announcing the purchase in the media. It would be stupid to say to the world "hey people, I have 50 million lying around somewhere in my house. Come and get it"

[jerry0]

What about other people like Max Keiser?  I got to assume people like that live in gated communities or luxury apartments with security right?


Like unless you live in a luxury high rise, isn't it always a concern?  I ask this because i hear about how lot of gated communities and celebrity homes even in LA are broken into so how do people like this handle it?  I did recall Dan Blitzerian held some party at a house he rented or stayed at and hired armed navy seals at the door and obviously that is more than enough protection for any one trying to do something.

[romero121]

Yes, having data about the holdings will help with the  manipulation. Until now this isn't there with the holdings of Elon and few other large scale holdings. However even if he holds the entire volume of bitcoin in a common online wallet none is gonna crack the private key. I've mentioned this based on the name of his son which I wasn't able to pronounce till now. So, how hard will be his private key. Hahaha

[cryptozanga]

After all the hype, does anyone have information on this? I reckon blockchain analytics should follow those coins of the new VIP of the bitcoin community and follow the movement of their coins.

I really don't care, what i find very funny is how Saylor seems to be 15 years old, he is obsessed with Bitcoin while in the last 20 days the MicroStrategy stock is 50% down.

[Slow death]

definitely this Is something that they and no one should reveal if they knew the answer because it would be exposing them even more than they have already been exposed. Sometimes I wonder if these people have a notion that we live in a world where people kill other people for money and they just show off as if they want the thieves to be after them.

[bbc.reporter]

new VIP of the bitcoin community

You mean the new VIPs of the social media. They make for excellent click-baits for news sites that are always dying to get traffic.

and follow the movement of their coins.

What kind of useful information would it give anyone to follow where the coins of someone else is going?!

You might consider them like a VIP, however, there are many people in the community who consider them to be the new heros of bitcoin.

Useful information would be if their coins are moving back to Coinbase. I reckon that would be very useful for traders. It might also be very useful for the IRS and the government hehehe.

[Fundamentals Of]

new VIP of the bitcoin community

You mean the new VIPs of the social media. They make for excellent click-baits for news sites that are always dying to get traffic.

and follow the movement of their coins.

What kind of useful information would it give anyone to follow where the coins of someone else is going?!

You might consider them like a VIP, however, there are many people in the community who consider them to be the new heros of bitcoin.

Useful information would be if their coins are moving back to Coinbase. I reckon that would be very useful for traders. It might also be very useful for the IRS and the government hehehe.

There are a lot of people who are tracking Bitcoin movements. An alarm is somehow triggered if a certain large movement is entering an exchange. But would it matter who owns those Bitcoin? No, not at all. What is important is that you are informed in advance and you will brace yourself and act accordingly for a possible effect in its price.

They are only heroes because they are buying and so long as they're hodling. They will instantly become the villain once they start selling.

[sunsilk]

I've watched a video from an exchange which I forgot the name but it's located in Japan. They have a hardware wallet that's dedicated to the bitcoins that they hold.

And the place where it is stored is in a vault for which only a few staff and officials of the company know the password. What I think is probably they do the same that they have a safety vault and the hardware wallet is placed there.

It is possible that with hardware wallets they can be safer to store the large amount of btc that has been purchased to invest, but is that really true by storing in a safe or can you say a safe? Maybe also for extra security so that no one knows the password.

In fact, I don't really think about it, but what plans do they have in the future for the number of bitcoins, will there be some control later, or do they plan to sell more expensive for a long time?

Doesn't Elon Musk keep it on hardware too?
Yet it continues to create hype.

Yes, the one that I've watched have stored it in a vault and no one is allowed to enter on that room where it's placed but only for the few people that are allowed which are the highest officials and trusted staffs.

The plan is to hold and for sure they will sell it for profits. Everyone who invests for bitcoin never hold it for nothing but to take profits when the right time comes.

Doesn't Elon Musk keep it on hardware too?
Yet it continues to create hype.

Nobody knows. He hasn't said a thing about his storage/wallet.

[dunfida]

new VIP of the bitcoin community

You mean the new VIPs of the social media. They make for excellent click-baits for news sites that are always dying to get traffic.

and follow the movement of their coins.

What kind of useful information would it give anyone to follow where the coins of someone else is going?!

You might consider them like a VIP, however, there are many people in the community who consider them to be the new heros of bitcoin.

Useful information would be if their coins are moving back to Coinbase. I reckon that would be very useful for traders. It might also be very useful for the IRS and the government hehehe.

For some circumstances then i do consider out this sentiment about on being a Hero but majority of people doesnt really look that way but rather they do try to know everything for them

not to miss out the next possible movements for these whales for them to go along with that price action.This is why desperation on knowing on where these coins being stored on is really
always be a question in mind for most people.Is it really an interesting stuff to know? Some find it to be nonsense but some it would really be that relevant.

[MCobian]

Everyone wants to maintain their privacy properly, including Elon Musk, it is impossible to open and tell where he stores his Bitcoin. If the public
finds out, it is tantamount to suicide. Because there will be many hackers who try to steal Bitcoins that are owned by Elon Musk. We know Elon Musk is
now the richest person in the world, so it is impossible to buy Bitcoin in small amounts. Therefore, the information related to where Elon Musk stores
Bitcoin is only he knows it himself, and until now, no one knows the amount of Bitcoin owned by Elon Musk.

[Joe_Bauers]

Re: Where does Elon and Saylor store their bitcoins?

Positronic net.

[Dobrodav]

I don't think we can find their wallet. If everyone knows whale wallet then we can know when they will sell their coin. Just 1 transaction deposit to exchange then the whole market will go down.

[bbc.reporter]

Not knowing where they store their bitcoins is the first line of defense against people that are trying to get their hands on it. I mean where they store their bitcoins is none of our business in my opinion, and as @taufik123 said, it is personal and sensitive. You do not ask a man about his money unless he tells them so we better be off somewhere that doesn't need inquiry.

It is none of our business, however, what can they do to stop Chainanalysis or a Chinese blockchain analytics group from looking for them? They have been doing it on us without respect for our privacy.

I also have been telling everyone about exchanges’ disrespect on our privacy, however, many people here do not argue about it. I ask where Elon’s coins are stored and suddenly some people argue that we should respect his privacy hehehe. If Elon wanted privacy he should have bought Monero.

[coolcoinz]

I don't think we can find their wallet. If everyone knows whale wallet then we can know when they will sell their coin. Just 1 transaction deposit to exchange then the whole market will go down.

You won't find his wallet because it's most likely not a single one. Corporate investors aren't like us little people. They don't hold millions of dollars on their laptops, although there are some pretty neat air gapped laptops. Unless Elon decides to disclose all the info (which he won't because he will not want the whole world to know when he decides to sell) you won't find his addresses.