How Many New Bitcoin Millionaires Were Made in 2025?
The crypto market created tens of thousands of millionaires in early 2025 — but not everyone saw green.
While long-term Bitcoin holders watched their wealth soar, former U.S. President Donald Trump suffered a dramatic collapse in his crypto portfolio.
Over 26,000 wallets surpassed the $1 million mark in the first half of the year, driven by Bitcoin’s post-halving surge and its May peak near $112,000. The halving, which cut mining rewards in half, squeezed supply and pushed prices upward, especially in Q2.
Meanwhile, Trump’s holdings — once worth over $10 million — sank to just $2.2 million by June. The sharpest losses came from meme coins like TROG and MAGA, both of which underperformed in a market shifting toward utility and fundamentals. A minor Q2 rebound wasn’t enough to reverse the 78% drop.
Interestingly, a project connected to Trump’s circle performed far better. World Liberty Financial (WLFI), a DeFi platform backed by his family, more than doubled its value, benefiting from institutional attention and early 2025’s ETF-driven rally.
But new legislation may cast a shadow. The COIN Act, introduced in June, aims to restrict government officials and their families from profiting through crypto while demanding full asset disclosures. If passed, the law could bring new scrutiny to WLFI’s political ties and Trump’s remaining investments.
In a market where strategy now matters more than hype, even the biggest names are learning that reputation doesn’t guarantee returns.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
