In 2024, the number of bitcoin millionaires has surged by 25%, with 110,655 addresses now holding at least USD 1 million in BTC (up from 96,736 at the start of 2023). Moreover, the total number of addresses holding over USD 10 million has now reached 10,434. This growth reflects bitcoin’s resilience, with its price increasing 49% year-to-date. Market anticipation for a potential rally above USD 70,000, especially following bitcoin’s halving trend, could drive the number of millionaire holders even higher. However, critics like economist Peter Schiff argue bitcoin has limited long-term potential, favoring gold as a more stable investment. Bitcoin currently trades around USD 63,110.
