Bitcoin financial services firm River said its latest estimate puts the number of people worldwide who hold at least one full Bitcoin at about 825,000, far below the roughly 57.5 million millionaires globally. By that comparison, full-Bitcoin holders amount to about one-seventieth of the global millionaire population.
River said the estimate was built from public Bitcoin blockchain data and adjusted for the gap between wallet addresses and actual holders. The company noted that around 972,000 addresses currently hold at least 1 BTC, but that figure includes balances tied to entities such as corporate treasuries, governments, exchange-traded funds, and exchanges, which were excluded from the estimate of individual holders.
The report also pointed to Bitcoin’s capped supply. With a maximum issuance of 21 million coins and about 20.10 million already mined, River said growth in the number of whole-Bitcoin holders is constrained by fixed supply, while the number of millionaires can keep rising as asset prices increase.
Bitcoin financial services firm River estimates that about 825,000 people worldwide hold at least one full Bitcoin (BTC), compared with roughly 57.5 million millionaires globally. That puts the number of whole-Bitcoin holders at about one-seventieth of the global millionaire population.
River said the estimate was based on public Bitcoin blockchain data, with adjustments made to account for the difference between addresses and actual holders. The company said about 972,000 addresses hold at least 1 BTC, though that figure needs to exclude holdings tied to entities such as corporate treasuries, governments, exchange-traded funds, and exchanges.
Bitcoin has a hard supply cap of 21 million coins, and about 20.10 million have already been mined. River said the number of people able to hold a full Bitcoin is constrained by that fixed supply, while the number of millionaires can continue to grow as asset prices rise.
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