A recent study shows that the total number of cryptocurrency users in the world amounts to 425 million people. Approximately 210 million of them own BTC, with about 40,500 being dollar millionaires and six making over $1 billion on investments in the first cryptocurrency.

One-Third of Crypto Billionaires Got Rich Thanks to BTC

The report, released by London-based consulting firm Henley & Partners, showed that as of June 30, 2023, the number of crypto users in the world reached 425 million. About half of them own BTC. 

According to the analysts, 88,200 people own digital assets worth between $1 and $100 million, while only 22 people are crypto billionaires. The report doesn’t include specific names and exact asset sizes of crypto millionaires and billionaires, but some well-known personalities in the crypto community were still mentioned. Among them are:

  • Changpeng Zhao, CEO of Binance;
  • Barry Silbert, Founder and CEO of Digital Currency Group;
  • Michael Saylor, CEO of MicroStrategy; 
  • Cameron and Tyler Winklevoss, Co-Founders of Gemini;
  • Chris Larsen, Co-Founder of Ripple;
  • Brian Armstrong, CEO of Coinbase.

The report also indicates that among 210 million owners of the first cryptocurrency, 40,500 people are dollar millionaires, 78 investors have earned more than $100 million on BTC transactions, and only six are billionaires. 

It’s remarkable that only about a third of those who own over $1 billion in crypto-assets have significant investments in the first cryptocurrency. Exactly the same situation is among those who own digital assets worth between $100 million and $1 billion. According to the report, there are a total of 182 such people in the world and only 43% of them prefer Bitcoin as an investment asset. 

Bitcoin has become one of the preferred means to protect against risks in case of a possible default in the U.S. along with treasury bonds and gold.

Author: Nataly Antonenko
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