The number of crypto millionaires has increased by 95% in one year

While more than 172,000 people are said to be crypto millionaires, only 28 are said to be billionaires.

Do cryptocurrencies make you rich? According to a report by Henley & Partners, entitled Crypto Wealth Report 2024 and published on August 27, 172,300 people now hold "more than $1 million in crypto assets". This represents a 95% increase compared to last year.

In detail, 85,400 people would hold more than $1 million in bitcoin as of June 30, 2024, the date on which the survey was stopped. This represents a 111% increase compared to last year. The number of investors believed to hold more than $100 million in bitcoin increased 100% year-over-year while those holding more than $1 billion in bitcoin increased 83%.