Bitcoin Created 14,211 New Millionaires and 4 Billionaires When It Broke Above $100K

A new study based on data analyzed by NFT Evening shows that Bitcoin has been an outlier in terms of wealth creation. When the cryptocurrency surpassed $100,000 per token, it reportedly created 14,211 new millionaires and four new billionaires.

The study looks at Bitcoin’s performance compared to other traditional investments over the past decade. A $4,000 investment in BTC in 2010 would have returned $1 million in about 10.3 years, versus $45,000 in blue-chip stocks. This suggests that Bitcoin investors have already made $1 million once, and they have done so 22 times more often than stock investors.