The number of Bitcoin millionaires has jumped by more than 15,000 in the first six months of Donald Trump’s second term as President, with new research linking the rise directly to favourable policy shifts and growing market confidence.
According to data from Finbold Research, 15,841 new Bitcoin wallet addresses reached millionaire status between 20 January and 20 July 2025, bringing the total to 192,205—up 9 per cent in just half a year. That equates to an average of 88 new Bitcoin millionaires created every day.
The sharpest increase was recorded in the highest value tier: wallets holding over $10 million in BTC surged by more than 16 per cent, suggesting that institutional investors and long-term holders are ramping up their positions.
The timing of the surge aligns closely with Trump’s re-election and his administration’s active pivot towards supporting the cryptocurrency sector. On November 6, 2024—the day after his victory—there were 132,842 Bitcoin millionaire addresses. Less than nine months later, that figure has grown by nearly 60,000.
The trend gained further momentum earlier this month when Trump signed the GENIUS Act into law. The bill, hailed as a landmark piece of crypto legislation, delivers long-awaited regulatory clarity around taxation, stablecoins, and institutional custody—three areas long seen as obstacles to mainstream adoption.
Markets responded quickly. The total cryptocurrency market cap soared past $4 trillion, a new all-time high, in the days following the bill’s passage through the House of Representatives and its signing at a White House ceremony on 18 July.
The Trump administration has made clear its ambition to make the United States the world’s leading hub for digital assets. Supporters argue that clearer rules and friendlier rhetoric from the White House are finally creating the conditions for meaningful institutional involvement—and wealth generation.
“With regulatory certainty and a bullish market, we’re entering a new phase of adoption,” said a spokesperson from Finbold. “The rise in Bitcoin millionaire addresses isn’t just a vanity metric—it’s a sign of renewed investor confidence and structural maturity.”
The combination of surging wallet wealth, landmark legislation, and the President’s public support for Bitcoin points to a potentially longer-term shift in both sentiment and strategy across the digital asset ecosystem.
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Trump’s first six months in office spark surge in Bitcoin millionaires, new research reveals