How Many Bitcoin Millionaires Will Be Created in 2025?

While long-term Bitcoin holders have seen their assets soar, former US President Donald Trump has suffered a disastrous collapse in his cryptocurrency portfolio. More than 26,000 wallets have surpassed the $1 million mark in the first half of the year, thanks to the surge of Bitcoin after the halving and the peak price in May approaching $112,000. The halving, which cuts in half the mining reward, has reduced supply and pushed prices higher, especially in Q2. Meanwhile, Trump's assets — which were once valued at over $10 million — have decreased to just $2.2 million as of June. The biggest losses came from meme coins like TROG and MAGA, both of which have underperformed in a market shifting towards utility and fundamentals. A small recovery in Q2 was not enough to reverse the 78% decline. Interestingly, a project related to Trump's group is performing much better. World Liberty Financial (WLFI), a DeFi platform backed by his family, has doubled in value, benefiting from the attention of institutions and a price surge driven by ETFs in early 2025. But the new law may cast a shadow. The COIN Act, introduced in June, aims to prevent government officials and their families from profiting from cryptocurrency while requiring full disclosure of assets. If passed, this law could bring new oversight to WLFI's political connections and Trump's remaining investments. In a market where strategy is more important than hype, even the biggest names recognize that reputation does not guarantee profit.