With the rise of cryptocurrencies in recent years, a growing question is: how many people have become millionaires because of crypto? Thanks to several research reports, particularly the Crypto Wealth Report by Henley & Partners, we have estimates and trends that help us understand the scale of crypto wealth globally.
What’s the Latest Number?
- As of mid-2025, there are 241,700 people in the world who reportedly hold $1 million USD or more in crypto assets.
- The number of those who are “Bitcoin millionaires” (i.e., whose million-dollar crypto holdings include mostly Bitcoin) is around 145,100, which is a jump of about 70% year-over-year.
- For comparison: in 2024, the number of crypto millionaires was lower—about 172,300 globally.
Bigger Wealth Tiers
Crypto wealth isn’t just at the millionaire level. Some even richer categories are expanding:
- There are now 450 “centi-millionaires” in crypto worldwide — people holding $100 million or more in crypto assets.
- The number of crypto billionaires (those with over $1 billion in crypto) has also grown; in 2025, it is estimated to be 36 individuals.
What is Driving the Growth?
Several factors are fueling the rise in crypto millionaires:
- Price increases of major cryptocurrencies, especially Bitcoin, have significantly raised the value of existing holdings.
- Institutional investment and mainstream financial tools (like ETFs) have brought in more money and more participants.
- Racing market capitalization — total crypto market size was about US$3.3 trillion by June 2025, up ~45% from the previous year.
Regional & Regulatory Influence
Where you live, the local regulation, taxation, crypto adoption, and infrastructure matter a lot for how crypto wealth can grow and be preserved. Some regions are more crypto-friendly, and they see more wealth accumulation among holders.
What These Numbers Don’t Tell Us (Important Caveats)?
While 241,700 is a big number, there are several limitations and things to keep in mind:
- Volatility: Crypto prices are very volatile. Someone counted as a millionaire today could drop below that threshold if prices fall.
- Assets vs. liquidity: Having $1 million in crypto doesn’t always mean that a person can access or spend all of it easily. Converting to fiat, taxes, and regulatory issues can reduce what’s actually usable.
- Concentration: Wealth in crypto is heavily concentrated — a small number of assets often hold large portions of value.
- Self-reporting & data accuracy: Many estimates rely on public holdings, wallet data, and market assumptions. Some crypto might be held privately, lost, or inaccessible.
Why does It Matter?
These numbers matter for a few reasons:
- They show how crypto is gradually becoming a significant component of global wealth.
- They affect regulatory discussions: governments want to understand how many people have large holdings for tax, compliance, and policy purposes.
- For investors, seeing this growth could influence risk perception (both opportunity and danger) of putting more money into crypto.
Final Thoughts
So, around 241,700 people globally are estimated to be crypto millionaires as of mid-2025. That number is up ~40% over the prior year. Bitcoin plays a big role in creating that wealth. Under it all, though, the crypto millionaire count is a snapshot in time — fluctuating with prices, regulations, and broader adoption.
If you want, I can also pull together a chart or trend-graph showing crypto millionaire growth over the past few years (e.g., 2022 → 2025) so readers can see how fast it’s changing.