The number of Bitcoin millionaires has surged in the first half-year of Donald Trump’s second term as President, according to new data from Finbold Research.
Between January 20 and July 20, 2025, a total of 15,841 new Bitcoin wallet addresses reached millionaire status, bringing the overall count to 192,205, representing a 9 percent increase in just six months, with an average of 88 new millionaire addresses added every day.
$10 million+ Bitcoin holders see strongest growth
The findings of the research show a consistent increase across all tiers of high-value addresses, but the sharpest growth came among millionaires holding over $10 million worth of Bitcoin. This top bracket grew by more than 16 percent over the period, indicating that institutional players and early adopters are doubling down on their positions. On average, 88 new Bitcoin millionaire addresses were added daily during this period.
“This is a defining moment for Bitcoin and the broader crypto market. The alignment of bullish price action, institutional accumulation and clear pro-crypto policy from the Trump administration has created the perfect environment for explosive wallet growth,” said Jordan Major, senior analyst at Finbold Research.
This upward trend in high-value BTC holdings comes amid a broader wave of optimism in the crypto sector. On November 6, 2024, the day after Trump secured his re-election, there were 132,842 Bitcoin millionaire addresses. The subsequent growth of more than 59,000 addresses in less than nine months highlights a dramatic rise in both market activity and investor confidence.
Pro-crypto presidency drives surge in prices
One of the key drivers behind the Bitcoin surge is the shifting regulatory environment in the United States. In a landmark move earlier this week, the House of Representatives passed the country’s first major piece of cryptocurrency legislation.
The bill, officially named the GENIUS Act, was signed into law by President Trump on July 18 in a ceremony at the White House. The legislation is seen as a turning point for the digital asset space, offering long-awaited clarity on taxation, stablecoin issuance and institutional custody rules.
House lawmakers also passed two other crypto bills, sending them next to the Senate for consideration. One lays out a regulatory framework for crypto, while the other seeks to ban the U.S. from issuing a central bank digital currency.
“The GENIUS Act is a breakthrough for U.S. crypto policy. It finally gives investors and businesses the legal clarity they’ve been waiting for, from taxation to stablecoins to custody. The impact is already showing up in market data,” said Diana Paluteder, head of content at Finbold.
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Crypto market cap hits $4 trillion
Markets responded swiftly. In the days following the vote, the total market capitalization of cryptocurrencies soared to a record-breaking $4 trillion. This momentum appears to be reflected in Bitcoin’s price action as well.
Bitcoin crossed the $120,000 mark last week, setting a new record. Brokerage Bernstein forecast it could climb to $200,000 by end-2025.
The combination of rising prices, increasing wallet counts and supportive policy signals a new phase for the crypto market in the United States. With President Trump vowing to turn the country into the global hub for digital assets, and regulatory clarity finally taking shape, Bitcoin millionaires may soon become a much more common phenomenon.
