Crypto Millionaires Population Surge To Record High At Nearly Quarter Million

A recent report by wealth and citizenship advisory firm Henley and Partners has revealed that the current number of crypto millionaires worldwide has surged to 241,700, representing a 40% year-on-year increase. According to the firm, the sporadic increase, which now brings the population of crypto millionaires an inch further towards the quarter-million mark, was fueled by the Bitcoin price rally and the surge in the total crypto market valuation above $3 trillion. 

Meanwhile, in this crypto wealth report, Henley and Partners also highlighted a 38% surge in the population of crypto centi-millionaires with holdings above $100 million, bringing their total number to 450. Further, the report shows that the number of crypto billionaires also jumped to 36, representing a 29% increase. These are the ultra-wealthy individuals at the apex of the crypto wealth pyramid. 

Surge In Bitcoin Millionaires 

According to Henley and Partners, a dramatic surge in Bitcoin millionaires worldwide has increased the crypto millionaire population. In its recent report, the advisory firm revealed a 70% year-on-year increase in Bitcoin millionaires, pushing their total number above 145,000. Further, the population of Bitcoin centimillionaires also increased by 63% while the Bitcoin Billionaire count jumped by 55% to 17. 

The increase was no doubt partly aided by Bitcoin outperforming the broader crypto market and surging to a new all-time high between July 2024 and June 2025. According to Philipp Baumann, founder of Z22 Technologies, a financial research and quantitative asset management firm, Bitcoin’s sporadic rise can be partly attributed to more investors seeing it as a base currency for wealth accumulation. 

US Ranks Third Among Top Locations For Crypto Investment

In its report, Henley and Partners also highlighted that the surge in crypto millionaires coincides with the friendly shift in how cryptocurrencies are viewed in the United States. The firm also ranked the United States third among the top countries for crypto migration due to its strong public adoption of cryptocurrencies. 

Since Donald J. Trump became president of the United States, his pro-crypto administration has shifted the country’s stance on digital assets and crypto from hostile to friendly. In fact, Donald Trump and the US First Lady launched their own cryptocurrency, and Trump’s sons ventured into Bitcoin mining, transforming the country into a bubbling hub for crypto investments. 

The approval of the first-spot Bitcoin and Ethereum ETFs in the country also aided institutional adoption. Due to the current administration’s crypto-friendly policy, more public companies and financial firms have gained increased confidence in investing in cryptocurrency. Meanwhile, alongside the United States, Singapore was ranked first, and Hong Kong came second as the top destinations for crypto migration. Other countries that made the list include Switzerland, the UAE, Portugal, and the United Kingdom.

Author

  • Temitope Olajide

    Temitope is a crypto content writer, editor and proofreader with over 3 years' experience in the field. He specializes in news contents, and his aim is to break down the ambiguous nature of blockchain with simple yet convincing sentences.

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