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Dogecoin Founder Reveals His Bitcoin Holdings

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Thu, 15/02/2024 - 8:10
Dogecoin Founder Reveals His Bitcoin Holdings
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Billy Markus, one of the two creators of the original meme cryptocurrency Dogecoin has unveiled how much Bitcoin he holds in a recent tweet. He also jokingly stated what he will do if the world’s flagship cryptocurrency hits the much-anticipated $100,000 price mark.

On X/Twitter and other social media, Markus goes by the alias “Shibetoshi Nakamoto.”

Here's how much Bitcoin Markus holds

In a tweet published on Valentine’s Day, the creator of the code for Dogecoin, Billy Markus, said what he intends to do if Bitcoin eventually hits $100,000; he will “celebrate by getting dinner at olive garden.”

As for his personal Bitcoin holdings, when asked about the size of them, Markus shared that information, and it may seem a surprisingly small stash for a legend in the crypto world – 0.006 BTC, his tweet says. This amount of Bitcoin is worth $311.21 at the time of this writing.

First rule of crypto holders' club

Therefore, the Dogecoin creator cannot even fall into the category of whales who holds 1 Bitcoin. On the other hand, the first rule of any cryptocurrency holder is not to reveal one’s crypto holdings in public. The second rule of any cryptocurrency holder is not to reveal one’s crypto holdings in public. You can probably guess what the third rule is.

Billy Markus is known for his somewhat skeptical attitude to crypto trading and crypto investment. In his tweets, he often says that he does not hold much crypto (and he does not like ERC20-based coins either). In several of his tweets, he revealed that he likes Bitcoin and has a bit of Dogecoin left since the early days of the project.

Related

He also had to sell a little Ethereum a couple of years ago at a loss to pay his taxes. Markus quit Dogecoin soon after it was launched in December 2013 and has been getting DOGE since then only via tips, according to one of his tweets.

He does not plan to join the Dogecoin Foundation that runs DOGE now and has no intention of creating any other cryptocurrency. Per his confession, he likes his day job (which is likely to do with crypto coding).

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