Billionaire Tim Draper Confirms He Still Holds 30,000 Bitcoin: “I Just Keep Buying More”

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Rommie Analytics

During a recent interview, Draper reiterated his ultra-bullish stance on Bitcoin and responded to questions about his current holdings and net worth, estimated by Forbes at $2.9 billion.

“I just keep buying more,” Draper said, confirming that he still owns the 30,000 BTC — now worth over $3 billion at current market prices.

Draper’s 2025 Bitcoin Target: $250,000

Draper has long maintained a public price target of $250,000 per Bitcoin by the end of 2025. Despite past market volatility, he remains one of the most consistent high-profile believers in Bitcoin’s long-term value as a decentralized, global store of wealth.

When questioned about whether he’s spent any of his Bitcoin or adjusted his holdings since the 2014 Silk Road auction, Draper avoided specifics but made one thing clear: he’s still accumulating.

Bitcoin Outperformance Reinforces Long-Term Thesis

Draper’s early investment in Bitcoin has already paid off handsomely. He purchased the 30,000 BTC for approximately $19 million total—about $633 per coin—during a U.S. Marshals auction. That investment has grown more than 150x in value over the past decade.

As institutional adoption continues to grow and spot Bitcoin ETFs gain global traction, Draper’s conviction—and portfolio—appear stronger than ever.

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