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Rekenthaler Report

The Conventional Investor’s Guide to Bitcoin

Is the currency worth owning?

Outside the Mainstream
The column is written for those who invest in conventional securities, such as stocks and bonds, but who have not added Bitcoin to their portfolios.

If you fit that description, you have plenty of company. Although more than 100 million Bitcoin wallets exist, most of those accounts are small. In spring 2020, reported, only 800,000 Bitcoin wallets held as much as one coin, which equals just over $50,000 at today’s rates. In contrast, about 15 million households had investable assets of greater than $1 million.