How Many People Own 1 #Bitcoin?? This Will SHOCK You (2024)

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How Many People Own 1 #Bitcoin?? This Will SHOCK You? ›

Today, roughly 1 million wallet addresses have more than 1 bitcoin. Think about that for a moment — only 1 million out of the nearly 8 billion people on Earth own at least one full bitcoin. That works out to be only about 1 in every 8,000 people!

According to data from Bitinfocharts, as of March 2023, there are approximately 827,000 addresses that hold 1 bitcoin or more, representing around 4.5% of all addresses on the Bitcoin network.

At approximately 32.9 million active entities, this would mean the average non-exchange, non-miner entity owns 0.46 BTC, or around $12,420.

The truth is, whether you have 1 bitcoin, 15 bitcoins, or 0.01 bitcoins, you own bitcoin, and you are equally exposed to the ups and downs. It doesn't matter how much you own. What matters is that there will only ever be 21 million bitcoin, and you have a piece of that very limited pie.

The number of wallets holding at least one bitcoin has reached an all-time high of 1,008,737 million, according to data from Glassnode. This increased distribution of wallets with at least one bitcoin suggests increased decentralization of the network.

In an inaugural Crypto Wealth Report, Henley & Partners sheds light on this intriguing subject, revealing that there are currently 88,200 crypto millionaires globally. Who are they, and what assets do they prefer?

For the third year running, Changpeng Zhao, founder and former CEO of crypto exchange Binance, is crypto's wealthiest person. Despite pleading guilty to U.S. money laundering charges in November, CZ, as he's known, is now worth an estimated $33 billion, up from $10.5 billion last year.

Chief among the findings is that one in four Americans and 55% of investors surveyed by unchained — defined by Unchained as having at least one investment account — report owning bitcoin, and 95% of this group say they would buy or strongly consider buying more of it in 2024.

Who owns the most Bitcoin in the world? The top Bitcoin holder is still believed to be Satoshi Nakamoto, the anonymous creator of Bitcoin, who reportedly holds around 1.1 million BTC across many wallets. Despite this large holding, the top 10 holders collectively only possess about 5.5% of the total Bitcoin supply.

Will Bitcoin make you a millionaire? ›

While this is a lower-bound scenario, we can use it as a baseline to show what it takes for investors to become Bitcoin millionaires. Assuming an annualized return of 30%, one would need to invest roughly $85,500 annually for five years to hit millionaire status. Over 10 years, this number falls to around $18,250.

1 USD equals 0.000016 BTC. The current value of 1 United States Dollar is -0.63% against the exchange rate to BTC in the last 24 hours. ​ The current Bitcoin market cap is $1.25T. ​Create a free Kraken account to instantly convert USD to BTC today.

If you had bought $1,000 worth of bitcoin 10 years ago, it would have grown by 7,644% and be worth around $77,443 as of Feb.

If we go by Wood's predictions of Bitcoin hitting $1 million in 2030, that would represent a 1,288% price increase from today's price. In turn, $1,000 in Bitcoin bought today would produce a return of $12,880 return in six years.

The current 500 USD to BTC exchange rate is 0.00773036 BTC and has increased by 7.58% over the past 30 days.

Crypto holdings for most individuals are relatively small—as median flows equal less than one week's worth of take-home pay—but almost 15 percent of users have net transfers of over one month's worth of pay to crypto accounts.

Who owns the most Bitcoin in the world? The top Bitcoin holder is still believed to be Satoshi Nakamoto, the anonymous creator of Bitcoin, who reportedly holds around 1.1 million BTC across many wallets. Despite this large holding, the top 10 holders collectively only possess about 5.5% of the total Bitcoin supply.

8,060,000,000 The world's population is 8.06 billion. This is approximately 0.00260. 0026 bitcoin per person, assuming 21 million is the total number of bitcoins that will ever be created.

The Bitcoin hard cap is the maximum number of bitcoin that can ever be created, which is set at 21 million BTC. Bitcoin's supply limit, known as the hard cap, is a key feature of Bitcoin's monetary policy, designed to create scarcity and prevent inflation.