How many millionaires own Bitcoin? (2024)

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.

How many millionaires hold Bitcoin?

For immediate release: Tuesday 05 September 2023. There are 88,200 crypto millionaires worldwide, with just under half (40,500) holding their fortunes in Bitcoin, according to the inaugural Crypto Wealth Report published by leading international wealth and investment migration specialists Henley & Partners.

How many billionaires own Bitcoin?

Of about 200 people globally who trade bitcoin, just six are billionaires, Henley & Partners found. Meanwhile, 22 people worldwide have reached billionaire status by trading cryptocurrencies.

How many Bitcoin millionaires in 2023?

According to recent data, Bitcoin has officially minted an estimated 70,000 new millionaires this year alone. Specifically, as of December 25, data indicates that the total number of addresses holding a value of at least $1 million stood at 97,280.

How rare is it to own 1 Bitcoin?

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).

Has anyone made a billion dollars from Bitcoin?

Carl Hazeley, head analyst at retail investor platform Finimize, told Fortune on Wednesday it was “not surprising” only 22 of the 425,000 people who held crypto assets had become billionaires through those investments. “In fact, most retail investors actually lost money from investing in the space,” he said.

What is the top 1 percent of Bitcoin holders?

The chart shows the disproportional distribution of Bitcoin ownership. A small group of whales command a significant portion of the Bitcoin market. As of March 2023, the top 1% of Bitcoin addresses control over 90% of the total Bitcoin supply.

Who got rich off of Bitcoin?

Changpeng Zhao

Crypto's richest person, Binance founder and CEO “CZ” is the 19th richest person in the world. Forbes estimates that he owns at least 70% of Binance, the leading global platform for crypto trading.

Who actually owns the most Bitcoin?

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.

Who is the richest Bitcoin person?

The list of crypto billionaires includes some of the most prominent names in the industry. Among them, Changpeng Zhao, founder of Binance, the world's largest cryptocurrency exchange, stands out with a net worth of over $10 billion.

Could bitcoin reach a million dollars?

Notably, Cathie Wood, CEO of Ark Invest, predicted that Bitcoin could reach an astounding $1.48 million by 2030. Senior analyst Nicholas Sciberras from Collective Shift points out that this prediction reflects widespread surprise at Bitcoin's meteoric rise.

How much bitcoin worth in 2050?

Is bitcoin a good investment in 2023?

Bitcoin's value jumped 158% in 2023. The cryptocurrency's gains far outpaced the stock market's rally. Investors are optimistic about a potential Bitcoin ETF receiving approval.

Why is 1 Bitcoin worth so much?

Scarcity: As the supply of unrewarded coins diminishes, demand increases. There will only ever be 21 million bitcoins in existence. Divisibility: Bitcoin is much more divisible than fiat currencies. One bitcoin can be divided into up to eight decimal places, with constituent units called satoshis.

How much Bitcoin is good to own?

As a rule of thumb, don't invest more than 10% of your portfolio in risky assets like Bitcoin. NerdWallet's ratings are determined by our editorial team.

What happens if no one buys Bitcoin?

Every transaction requires a buyer and a seller. If there are buyers and no sellers the price rises until there are sellers. If there are sellers and no buyers the price falls.

How much Bitcoin does Elon Musk own?

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.

What crypto are billionaires buying?

CME Group Inc. (NASDAQ:CME), Canaan Inc. (NASDAQ:CAN), NVIDIA Corporation (NASDAQ:NVDA), and Interactive Brokers Group, Inc. (NASDAQ:IBKR) are some hot crypto stocks being bought by billionaires.

Are Bitcoin millionaires real?

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.

How much Bitcoin do I need to be a millionaire in 10 years?

Cryptocurrency is a very volatile asset and unlike stocks, often does not have rationale behind price movements apart from market sentiment. However, based on all of this analysis, I believe that $100K BTC is definitely possible, which means you would need about 10 BTC to be a millionaire by 2030.

What will BTC be worth in 2030?

The report sees Bitcoin hitting price targets in 2030 of $257,500 in the bearish forecast, $682,000 in an average market and $1.48 million in a bullish market.

Which country has most Bitcoin?

The United States has emerged as the frontrunner in terms of the largest number of Bitcoin holders, with a staggering 46 million individuals actively engaging in cryptocurrency investments. Several key factors contribute to the United States' dominance in Bitcoin ownership.

Who is the kid who bought Bitcoin?

In 2011, Finman made a deal with his parents that he would not pursue a college degree as he wanted to make his fortune outside of traditional education. Finman decided he wanted to become a millionaire and at his young age decided that investing in cryptocurrency was the way to go for him to realize his dream.

Which Bitcoin billionaire was jailed?

Sam Bankman-Fried, who once ran one of the world's biggest cryptocurrency exchanges and is facing decades in jail, will not face another trial, US prosecutors say. The 31-year-old was found guilty of fraud and money laundering last month.

How many bitcoins does the average person have?

A little bit of bitcoin can go a long way. Consider that there are only 21 million bitcoins that will ever exist for a global population that is nearing 8 billion. Simple math shows that the average bitcoin holding per person is about 262,500 satoshis.