Categories: Bitcoin Latest News

Crypto Millionaires Surge 40%, Led by Bitcoin’s Rise, as Market Hits $3.3 Trillion

The global population of crypto millionaires has reached 241,700, up 40% in the past year, according to the Crypto Wealth Report 2025 by Henley & Partners.

The surge coincides with a broader rally that lifted total digital asset market capitalization to $3.3 trillion in June, a 45% increase year-on-year, the report, featuring data from global wealth intelligence firm New World Wealth, said.

Bitcoin remains the main driver of wealth creation in the sector.

Holders with portfolios above $1 million in BTC climbed 70% to 145,100 year-over-year. At the upper end, 450 individuals now hold at least $100 million in crypto, while 36 billionaires control even larger stakes.

The report points to a shift in how digital assets are used, with Bitcoin increasingly treated as collateral rather than a speculative play. This evolution, observers say, is transforming the token into the base layer of a parallel financial system.

“Bitcoin is becoming the foundation of a parallel financial system, where [it] is not merely an investment for speculation on fiat price appreciation, but the base currency for accumulating wealth.” Philipp A. Baumann, founder of Z22 Technologies, said in the report.

Bordeless wealth

Crypto’s decentralized nature is also redrawing patterns of global wealth. Analysts note that investors are pursuing citizenship and residency programs to navigate regulatory uncertainty while securing access to banking and tax-efficient jurisdictions.

Henley’s annual Crypto Adoption Index ranks Singapore, Hong Kong, the U.S., Switzerland, and the UAE as the top five destinations for digital asset investors.

With over $14 trillion in wealth moving across borders last year, the report argues that crypto’s portability—secured by little more than a seed phrase—marks a fundamental break from centuries of place-based financial systems.

“Today, cryptocurrency has made geography optional — with nothing more than 12 memorized words, an individual can secure a billion dollars in Bitcoin, instantly accessible from Zurich or Zhengzhou alike,” said Dominic Volek, Group Head of Private Clients at Henley & Partners.

Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Coinkite’s Coldcard Bug Exposed Single-Sig Risk. Multi-Vendor Multisig Is the New Bitcoin Custody Baseline

Bitcoin Magazine Coinkite’s Coldcard Bug Exposed Single-Sig Risk. Multi-Vendor Multisig Is the New Bitcoin Custody…

3 hours ago

Billions Pour Into Bitcoin ETFs as Rally Rolls On

Bitcoin Magazine Billions Pour Into Bitcoin ETFs as Rally Rolls On Bitcoin exchange-traded funds have…

5 hours ago

Forget the Trump Bump — Bitcoin Would Be Fine Under Democrats, Says VanEck

Bitcoin Magazine Forget the Trump Bump — Bitcoin Would Be Fine Under Democrats, Says VanEck …

7 hours ago

Coinbase and Better Mortgage Announce General Availability of Bitcoin-Backed Mortgages

Bitcoin Magazine Coinbase and Better Mortgage Announce General Availability of Bitcoin-Backed Mortgages  Coinbase and Nasdaq-listed…

9 hours ago

Live updates: Bitcoin flat near $78,500 ahead Nvidia earnings

Markets are also looking ahead to Fed Chair Kevin Warsh's keynote speech at the Jackson…

14 hours ago

The 3 catalysts that could define bitcoin’s next move

Your day-ahead look for Aug. 26, 2026Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

15 hours ago