The number of Bitcoin millionaires has risen sharply in the year since Donald Trump was confirmed as the winner of the U.S. presidential election on November 5, 2024.
New on-chain data reviewed by Finbold Research indicates that the count of Bitcoin (BTC) wallet addresses holding at least $1 million in BTC increased by approximately 44,783 over the 12-month period, marking a rise of around 33.8%. On average, this equates to roughly 3,700 new millionaire-tier Bitcoin addresses being added each month.
As of November 5, 2025, there are now 156,705 wallet addresses holding between $1 million and $9.99 million worth of BTC, compared to 120,851 recorded a year earlier. Additionally, the number of addresses holding $10 million or more in Bitcoin increased from 11,697 to 20,626 over the same period. Combined, this places the total number of millionaire-level Bitcoin addresses at roughly 177,331.
How the Bitcoin rich list unfolded
The rise in millionaire-tier BTC addresses on the Bitcoin rich list unfolded over a full year of appreciation followed by volatility. On November 5, 2024, the day of the U.S. election, Bitcoin traded near $69,000. From that starting point, the price advanced in stages over the next eleven months, supported by renewed institutional interest, improving risk appetite, and growing expectations of a friendlier policy environment. That steady climb culminated in a new all-time high above $126,000 in October 2025.
After the October peak, momentum cooled. Bitcoin cycled through several corrections and, within the last 24 hours, briefly slipped below $100,000 for the first time in months. The latest downdraft extends weakness that began in mid-October and has kept price action choppy into early November.
This market backdrop coincided with a shift in U.S. political tone toward digital assets. During the campaign and after returning to office, President Trump signaled an intent to position the United States as a leader in Bitcoin and crypto innovation, with public messaging around clearer rules and support for domestic mining.
While detailed frameworks are still being shaped, the more constructive stance appears to have influenced sentiment among institutional and high-net-worth participants. The continued expansion of millionaire-tier BTC wallets during both the advance and the subsequent pullbacks points to ongoing accumulation with a long-term horizon.
BTC growth post-election
Bitcoin’s growth one year post-election highlights how investor positioning and wealth concentration within the network continue to evolve in response to political signals, macroeconomic forces, and long-term expectations for digital assets.
With the next phase of regulatory clarity and institutional participation still forming, the distribution of Bitcoin wealth will remain a closely watched indicator of market confidence heading into 2026.
Finally, for clarity, a single person can control more than one Bitcoin address. Thus, the millionaire address count does not equal the exact number of unique investors, but the trend remains a meaningful indicator of where larger holdings are concentrated.
