How many millionaires own Bitcoin?
The firm's report on Tuesday says says 88,200 people have crypto assets worth at least $1 million — less than 1% of overall crypto users. Some 40,500 of them hold their investments in bitcoin, just under 46% of the total.
Key Takeaways. There are 88,200 crypto millionaires worldwide. 40,500 of these millionaires have amassed their fortune in Bitcoin (BTC).
Alone at the top: There are only 6 Bitcoin billionaires in the whole world, new report reveals. Almost half a billion people around the world have invested in some form of cryptocurrency—but only 22 of those investors have billions of dollars of those holdings.
Bitcoin accounts for more than half of crypto-millionaires fortunes while 72 of the centi-millionaires and six of the crypto-billionaires made their fortunes from trading Bitcoin.
According to the latest Crypto Wealth Report, there are more than 88,000 people around the world who have become crypto millionaires. And (perhaps no surprise here) the one crypto that is responsible for 40,500 of those millionaires is Bitcoin (CRYPTO: BTC).
Only 22 people in the world are crypto billionaires, a new study says. Almost half a billion people around the world have invested in some form of cryptocurrency—but only 22 of those investors have billions of dollars of those holdings.
| Year | Minimum Price | Average Price |
|---|---|---|
| 2029 | $534,508.54 | $552,993.70 |
| 2030 | $752,766.72 | $780,415.95 |
| 2031 | $1,070,045.98 | $1,101,262.86 |
| 2032 | $1,540,735.91 | $1,584,785.51 |
As such, Bitcoin's ownership structure reflects the decentralized, open-source nature of Bitcoin's technology. In reality, only 2.3% of all Bitcoin owners own 1 BTC or more (worth around $35K per Bitcoin as of November 6th, 2023).
Winklevoss Twins
In 2012, the Winklevoss twins discovered bitcoin and began investing heavily in the coin, purchasing around 1% (approximately 100,000 BTC) of the total circulating supply at that time. This early investment helped them amass a substantial amount of wealth as the value of the coin skyrocketed.
So, who are the top holders of BTC? According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.
Does owning Bitcoin make you rich?
Often times you don't get rich with crypto by just holding. You have to invest your coins for active trading or mining for it to gain much value in a short period of time. Also we have the challenge of many not knowing how to trade by themselves so they end up losing their investments.
Bitcoin millionaires are moving to Puerto Rico for lower taxes and island living. Bitcoin enthusiasts are flocking to Puerto Rico, thanks to tax breaks and an island lifestyle. As the community grows, it's attracting more newcomers from the states as well as curious locals. But not everybody's happy about the influx.
Bitcoin is a risky investment with high volatility, and should only be considered if you have a high risk tolerance, are in a strong financial position already and can afford to lose any money you invest in it.
revealed on Twitter that he owns only a tiny fraction of one bitcoin token. "I literally own zero cryptocurrency, apart from . 25 BTC that a friend sent me many years ago," Musk confessed.
Binance founder and CEO Changpeng Zhao (commonly known as CZ) was the crypto billionaire who lost the most money following the crypto crisis of 2022, with a net worth drop amounting to 82 billion U.S. dollars.
Bitcoin and other cryptocurrency prices historically have been highly volatile, and fluctuations could result in significant losses if sold at the wrong time. Future regulation. Cryptocurrency issuance and trading is currently not well regulated, and additional oversight and regulation in the future is likely.
Erik Finman is a 25-year old who became the Youngest Bitcoin Millionaire in The World at…
Ark Invest CEO Cathie Wood in August, said that Bitcoin has the potential to surge into the six-figure range and possibly reach $1 million by 2030. In an exclusive interview with Benzinga, Wood reaffirmed her conviction that Bitcoin could achieve the $1 million mark within a timeframe of five to seven years.
Over a long enough period of time, even a relatively small upfront investment could turn into $1 million or more. And, indeed, according to Henley & Partners' Crypto Wealth Report, there are more than 40,000 Bitcoin millionaires in the world right now.
In other words, $1,000 invested in Bitcoin today would be worth $34,557 by 2030, according to Wood. That would be an astronomical return, but early Bitcoin holders have already experienced such gains. Can Bitcoin deliver those kinds of returns again? Let's take a closer look at Wood's bull case for Bitcoin.
How much will $1 Bitcoin be worth in 2025?
We predict that Bitcoin will jump to an average price of $60,000 in 2024, thanks to the Halving event, and settle more in 2025 with an average of $65,000. In 2026, we see Bitcoin trading as high as $90,000 by the end of the year. By 2030, we predict that Bitcoin could reach a high of $160,000.
| Year | Minimum Price | Average Price |
|---|---|---|
| 2032 | $90,695.93 | $93,960.60 |
| 2033 | $127,904.21 | $132,602.74 |
| 2040 | $179,013.10 | $190,947.90 |
| 2050 | $222,772.72 | $232,054.79 |
How many people own 1 full Bitcoin? According to the blockchain analysis platform BitInfoCharts, more than 1 million wallet addresses hold at least 1 BTC.
In 2020, some data found that just 6% of Americans use or own crypto. Yet 2021 data from the New York Digital Investment Group suggests that about 46 million people nationwide (roughly 22% of the US adult population) own a share of Bitcoin.
According to their findings, a one in four Americans and 55% of surveyed investors, defined by Unchained as those with at least one investment account between the ages of 18 and 78, own bitcoin.
