On December 5, 2024, Bitcoin hit $100,000, marking a significant moment in wealth creation. Early investors saw their holdings turn into vast fortunes, with some becoming millionaires and even billionaires in a short time.
A study by NFT Evening highlights Bitcoin’s incredible impact on personal wealth. As BTC crossed the $100,000 mark, it created 14,211 new millionaires in just one day.
Compared to traditional stocks, these returns are achieved much faster. Stock investors often wait decades to see similar gains.
Moreover, Bitcoin’s rise also minted four new billionaires, proving its unique power to build generational wealth.
The Bitcoin Wealth Amassing Formula
As per this study, people who invest in Bitcoin become millionaires approximately 22 times faster than those who invest in stocks.
When investing $4,000 in Bitcoin in 2010, the ultimate value would amount to $1 million in 3,775 days – or approximately 10.3 years.
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The same amount redirected to blue-chip stocks would return $45,000 within the same period. This stark contrast further cements Bitcoin as the king in terms of wealth creation.
The probability of becoming a bitcoin billionaire is even more compressed in time. Starting with only $30,500 in early 2011, an individual could become a Bitcoin billionaire by late 2023. This is in just under 13 years.
That makes it 1,064 times faster than conventional stock investors, who even with similar portfolios would be far from achieving $1 million by then.
Bitcoin Outshines Blue-chip Stocks
Bitcoin’s performance has far surpassed even the most celebrated tech giants. From 2010 to 2020, Bitcoin delivered returns 20 times greater than Apple, nine times higher than Nvidia, and four times Tesla’s gains during the same period.
The disparity becomes even more striking when viewed over the long term: from 2010 to today, Bitcoin’s cumulative returns have exceeded Apple’s by an astounding 76,000 times and Tesla’s by over 9,000 times.
These numbers are more than eye-catching—they highlight BTC dominance in wealth creation across all asset classes.
NFT Evening’s study utilized Dune Analytics to track Bitcoin wallets exceeding $1 million. By filtering out wallets with initial balances above $100,000, the focus remained on retail investors.
Data from sources such as bitinfocharts.com and TradingView offered a comparative lens against traditional stocks, making the findings robust and precise.
What Bitcoin achieved on December 5 is more than just a record in terms of value – it is the potential of the digital asset.
By transforming small amounts of money into massive ones, this makes Bitcoin perhaps one of the most powerful wealth creating tools of this century.
BTC’s Journey to Surpass $100,000
The history of Bitcoin from its creation in 2009 up to the point when it crossed the $100,000 mark in December 2024 is eventful.
Starting from the price of $ 0.00099 and 10 000 BTC for a pizza, and then rising to more than $1 for a coin in 2011, $10 000 in 2017 to $68 789 in 2021.
Major events like the Mt. Gox collapse, ETF approvals, and China’s crypto bans shaped its trajectory. By 2024, BTC has already cemented its status as a financial powerhouse, with Bitcoin ETFs, adoption, and policy shifts fueling its climb to over $107,000. This showcases its unmatched wealth-generation potential.
