Bitcoin (BTC) has always been at the forefront of revolutionary investments, offering unprecedented returns that have reshaped the financial landscape. As BTC crosses the $100,000 milestone, its unparalleled ability to generate wealth becomes even more evident. This article, conducted by NFTEvening and Storible, explores how Bitcoin’s journey to this milestone has created new millionaires and billionaires at speeds unmatched by traditional investments like stock.

Key Insights

• BTC reaching $100K created 14,211 new BTC millionaires and 4 new billionaires.
• BTC Investors Become Millionaires 22x Faster Than Stock Investors
• BTC Investors Become Billionaires 1,064x Faster Than Stock Investors

BTC Reaching $100K Created

• 14,211 New BTC Millionaires
  The landmark price of $100,000 has brought substantial financial rewards to early adopters, with over 14,000 new millionaires joining the ranks. These individuals saw their investments multiply exponentially, proving Bitcoin’s wealth-generation prowess.
• 4 New BTC Billionaires
  In addition to millionaires, Bitcoin’s meteoric rise has minted four new billionaires. This elite group underscores Bitcoin’s potential to create generational wealth in a fraction of the time taken by traditional investments.

BTC Investors Become Millionaires 22x Faster Than Stock Investors

The speed at which Bitcoin creates wealth far outpaces traditional investments like stocks:

With an investment of just $4,000, Bitcoin investors typically take 3,775 days (~10.3 years) to reach millionaire status. This translates to an impressive 250x return on investment (ROI). On average, these investors began buying BTC in 2010 and achieved their first $1 million milestone by 2020.

Investors who put the same amount into blue-chip stocks would see their portfolio grow to only $45,000 during the same period.

BTC Investors Become Billionaires 1,064x Faster Than Stock Investors

The gap widens further when comparing the timeline for becoming a billionaire:

With an investment of just $30,500, Bitcoin investors typically take 4,645 days (~12.7 years) to achieve billionaire status. This translates to an impressive 32,787x return on investment (ROI). On average, these investors started buying BTC in early 2011 and hit their first $1 billion milestone by the end of 2023.

In comparison, investors who allocated the same amount to blue-chip stocks would see their portfolio grow to only $950,000 during the same period. This means that by the time Bitcoin investors become billionaires, stock investors are merely reaching their first $1 million milestone.

Bitcoin’s Performance Outshines even the Largest Stocks

When comparing BTC returns to the top 10 largest stocks by market cap:

From 2010 – 2020:

• BTC delivers 20x the returns of Apple.
• BTC delivers 9x the returns of Nvidia.
• BTC delivers 4x the returns of Tesla.

From 2010 – now:

• BTC delivers 76,378x the returns of Apple.
• BTC delivers 6,062x the returns of Nvidia.
• BTC delivers 9,103x the returns of Tesla.

Methodology

We used Dune Analytics to calculate the number of new millionaires/ billionaires when BTC reached 100K.

To compare the performance between BTC and stocks:

1. Identify wallets with >1M in BTC: We first collect 17,129 wallets holding more than $1M in Bitcoin. 
2. Filter wallets: 
   • Exclude wallets with an initial balance of over $1 million to analyze those who built their wealth over time.
   • Exclude wallets that invested more than $100K in BTC to concentrate on retail investors rather than whales or institutional players.
3. Track wallet milestones: For each wallet, we record:
   • When it first received Bitcoin.
   • When it first reached $1 million worth of Bitcoin.
4. Calculate time and investment: Using these milestones:
   • We calculate how long it took for the wallet to hit $1 million.
   • We estimate their total Bitcoin investment by adding up the USD value of all BTC received.
5. Compare to stock investments: We then calculate how much an investor would have earned if they invested the same amount in the top 10 largest stocks (by market cap) over the same period.

Data sources: bitinfocharts.com, TradingView.

Data was collected and analyzed on December 5th, 2024.

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