The Number of Bitcoin Millionaires Has More Than Doubled in the Past Year

Lately, New World Wealth and Henley & Partners jointly released a report which stated that there are currently about 172,300 people worldwide holding cryptocurrency assets worth more than one million US dollars, while this figure was 88,200 last year. Among these 172,300 millionaires, 85,400 are BTC millionaires, and the number of people in this group has increased by 111% in the past year.

Why have so many new BTC millionaires been added in one year? The statistical data from Henley & Partners reveals an important reason: from last summer to now, the total market value of cryptocurrency assets has rapidly expanded from 1.2 trillion US dollars to 2.3 trillion US dollars. The extraordinary appreciation rate of cryptocurrencies such as BTC is continuously creating more wealthy individuals.

Faced with the current uncertain investment environment, cryptocurrencies led by BTC are also attracting more and more people to join. In June this year, the financial technology company Triple A released a report stating that the number of global cryptocurrency holders increased by 142 million to 562 million, which means that nearly 7 out of every 100 people in the world own and use digital currencies.

Since the first Bitcoin ETF was passed in the United States in January 2024, many countries around the world have also successively passed a number of Bitcoin and Ethereum ETFs. With the strong promotion of the sales team of more than 15,000 professional brokers by the Wall Street giant Morgan Stanley, the value of BTC has been further pushed up, and Standard Chartered Bank even boldly predicted that the price of BTC will rise to 150,000 US dollars in the next two years.

Regarding the perspective on investing in BTC, Robert Kiyosaki, the author of “Rich Dad Poor Dad,” said on social media on August 22 – The United States will increase its debt by 1 trillion US dollars every 100 days. He suggested investing in gold, silver, and Bitcoin to guard against economic instability.

At present, the price of BTC is still relatively low. For BTC miners, now may not be the best time to trade BTC, but it will be a good time to mine BTC. If you are optimizing your mining plan, please contact us as soon as possible. We sell various brands and models of BTC ASICs, recommend the most suitable mining plan for you, and help you plan a better future!

Finally, BITMARS would like to remind everyone that all investments carry risks, so decisions should be made cautiously.

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