Nearly 40,000 Bitcoin millionaires emerge in a month
Cryptocurrency May 9, 2025 Share
Summary:
⚈ Nearly 40,000 new Bitcoin millionaires emerged in May as BTC topped $100K
⚈ Total millionaire addresses rose from 137,157 to 176,525 in just 30 days
⚈ Surge outpaced January highs, signaling sentiment shift beyond price movement alone
The first four months of 2025 have been rocky for the cryptocurrency market and generally devastating for Bitcoin (BTC) millionaire addresses, but the fifth month, May, has thus far brought a rapid reversal.
As many as 39,368 BTC millionaires emerged within just 30 days as the world’s premier digital asset reclaimed levels above $100,000.
Shortly after the Liberation Day announcement lows, on April 9, there were 137,157 Bitcoin millionaire addresses in total, with 123,568 holding between $1 million and $9.99 million worth of the cryptocurrency, according to the information Finbold retrieved using the Wayback Machine.
As of May 9, the overall number rose to 176,525, with 157,383 owning between $1 million and $9.99 million, and another 13,589 having more than $10 million worth, per the data Finbold retrieved from BitInfoCharts.
Bitcoin addresses with more than $1 worth of BTC on January 21 and on May 9. Source: BitInfoCharts & BitInfoCharts via Wayback Machine.
The rise in such addresses was accompanied by a strong sentiment reversal in the cryptocurrency market, and with BTC’s one-month $26,000 climb from approximately $77,000 to $103,646.
BTC price one-month chart. Source: Finbold
Bitcoin millionaire rise in stark contrast with previous 2025 trends
Furthermore, the change in the number of Bitcoin millionaire addresses that occurred by May 9 marks a stark change in the trend, as, as recently as April 30, Finbold reported the extinction of about 20,000 such cryptocurrency holders within President Donald Trump’s first 100 days in office.
The data simultaneously reveals that the total has exceeded the highs reached just after the billionaire was inaugurated – at the time, there were 176,364 BTC millionaires – and before the trade war and the associated turmoil began.
Interestingly, the difference in price between January 21 – the date of the data Finbold used for the 100-day estimate – and May 9 reveals that the rise in Bitcoin millionaire addresses cannot be accounted for by the latest Bitcoin rally alone.
Approximately 24 hours after Trump re-entered the White House, the world’s premier cryptocurrency was changing hands at $106,182 – nearly $3,000 higher than at press time.
Featured image via Shutterstock