The number of cryptocurrency owners who have become millionaires has risen significantly since US President Donald Trump took office, according to a new report by Finbold.
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Almost 16,000 Bitcoin holders have joined the millionaires' club between 20 January and 20 July 2025, according to a new report from Finbold.
The 15,841 new additions bring the total number of Bitcoin millionaires to 192,205, an increase of 9% in just six months and an average of 88 new millionaires every day.
The report noted that large investors with Bitcoin holdings exceeding $10 million (€8.5M) also benefited greatly, with their profits increasing by more than 16% over the same period.
The platform attributed the boom in the cryptocurrency market to Trump's support for the sector and the optimism that has gripped the markets since the beginning of his second term, explaining that the day after his election victory was announced in November 2024, there were just 132,842 Bitcoin wallets belonging to millionaires.
This momentum has continued to grow, and about 6 months after the Republican leader took office, the number of millionaire crypto investors has risen by more than 59,000, an indication of market activity and investor confidence.
This effect is attributed to regulatory policies encouraged by the Trump administration. Earlier in the week, the US House of Representatives passed the first major legislation regulating cryptocurrencies in the country, dubbed Genius.
The legislation is seen as a turning point for the digital asset sector, providing a long-awaited clear legal framework for taxation, stablecoin issuance, and institutional custody rules.
