44,000 New Bitcoin Millionaires Added In One Year Since Trump’s Election Win, Finbold Research Finds
The number of Bitcoin millionaires has risen sharply in the year since Donald Trump was confirmed as the winner of the United States presidential election on November 5, 2024, according to new data reviewed by Finbold Research.
On-chain analytics show that the number of Bitcoin (BTC) wallet addresses holding at least $1 million in BTC increased by approximately 44,783 over the past 12 months, representing a 33.8% growth. On average, this amounts to around 3,700 new millionaire-tier Bitcoin addresses added per month.
As of November 5, 2025, the data shows 156,705 wallet addresses holding between $1 million and $9.99 million worth of BTC, up from 120,851 one year earlier. Meanwhile, the number of addresses holding $10 million or more rose from 11,697 to 20,626. Combined, this places the total millionaire-tier Bitcoin address count at approximately 177,331.
Bitcoin market development
The expansion of the Bitcoin rich list unfolded over a year marked by upward price movement followed by renewed volatility. On election day, November 5, 2024, Bitcoin traded near $69,000. Over the following months, growing institutional interest and expectations of a more favorable U.S. policy environment helped drive the price to a new all-time high above $126,000 in October 2025.
However, the rally has since cooled. Bitcoin briefly traded below $100,000 within the last 24 hours, extending a period of corrective price action that began in mid-October.
This market cycle coincided with a notable shift in U.S. political tone toward digital assets. Throughout the campaign and after returning to office, President Trump signaled support for the United States becoming a leader in Bitcoin and crypto-sector development. Public messaging from the administration has emphasized clearer regulatory frameworks and increased domestic mining capacity.
Expert commentary
Lead Research Editor at Finbold, Jordan Major said:
“The growth in millionaire-tier Bitcoin addresses during a year that included both strong market gains and deep pullbacks indicates that accumulation has continued among larger investors. Despite price volatility, high-net-worth participants appear to be positioning for long-term exposure rather than short-term trading outcomes.”
Head of Content at Finbold, Diana Paluteder added: “While a single individual may control multiple addresses, the trend remains meaningful. The increase suggests a rising concentration of Bitcoin among wealthier holders and institutional entities. It highlights Bitcoin’s continued role as a strategic store of value within diversified portfolios.”
Looking ahead, Bitcoin’s expanding millionaire wallet segment will remain a closely watched indicator of capital allocation and investor confidence heading into 2026, particularly as regulatory clarity, institutional adoption, and macroeconomic positioning continue to evolve.
