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Bitcoin Millionaires Increase by Over 100% in the Past Year

27.08.2024 15:00 1 min. read Alexander Stefanov
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Bitcoin Millionaires Increase by Over 100% in the Past Year

The global count of Bitcoin millionaires has surged by 111% over the past year, reaching 85,000 individuals with holdings exceeding $1 million in BTC.

According to Henley and Partners’ Crypto Wealth Report 2024, as of July 30, the number of people holding over $1 million in Bitcoin has more than doubled to 85,400.

This increase is part of a broader trend in the cryptocurrency world, where the number of people with crypto assets valued over $1 million has grown by 95%, reaching 172,300, up from 88,200 the previous year.

The report also highlights a significant rise in crypto centimillionaires—those with more than $100 million in digital assets—which increased by 79% to 325 individuals. Additionally, the number of crypto billionaires has expanded by six in the past year, totaling 28.

Henley and Partners’ figures, rounded to the nearest hundred, cover the period from July 1, 2023, to June 30, 2024, based on internal wealth models and data from major cryptocurrency platforms like CoinMarketCap, Binance, BscScan, and Etherscan.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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