News - This is how many Bitcoin millionaires there are worldwide

By Mike Hesp

This is how many Bitcoin millionaires there are worldwide

Bitcoin (BTC)
Wallets and Whales

Worldwide, there are more than 425 million crypto users for every 88,200 crypto millionaires. Bitcoin millionaires are even rarer.

According to the Crypto Wealth Report by Henley & Partners, there are about 40,500 Bitcoin millionaires and 88,200 crypto millionaires worldwide.

Of the 425 million crypto users, this means that about 0.02 percent are also millionaires.

Among billionaires, it gets tighter: only six entities have become billionaires with their Bitcoin wealth. Indeed, there are 22 investors who managed this with their entire crypto portfolio.

The richest Bitcoin address with approximately 248,597 BTC - the equivalent of US$6.5 billion - is a cold wallet of Binance. In second place is Bitfinex, also with a cold wallet.

Robinhood also made it to the podium. The app, which specializes in securities transactions, has become the third-largest Bitcoin Hodler in just three months.

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