Study: Bitcoin's $100,000 breakthrough has created 14,211 new millionaires and 4 new billionaires

PANews reported on December 19 that according to Bitcoin.com, a study by NFT Evening showed that after Bitcoin broke through the $100,000 mark, it has created 14,211 new millionaires and 4 new billionaires. The report explained that Bitcoin investors become millionaires 22 times faster than stock investors, further proving Bitcoin's powerful ability to create wealth.

To illustrate this, the study compared the returns of a $4,000 investment in Bitcoin and traditional company stocks in 2010. After about 3,775 days (or 10.3 years), Bitcoin investors first achieved the $1 million milestone. In contrast, an investor who put the same amount of money into blue-chip stocks would have only grown his portfolio to $45,000.

Meanwhile, the study found that an investor who invested $30,500 in Bitcoin in early 2011 became a billionaire in about 4,645 days (or 12.7 years), which is equivalent to a 32,787 times return on investment. As for the return on investment of stocks, the report pointed out: In contrast, investors who invested the same amount in blue-chip stocks during the same period only grew their portfolios to $950,000. This means that when Bitcoin investors became billionaires, stock investors had just reached the $1 million milestone.

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Author: PA一线

This content is for market information only and is not investment advice.

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