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Bitcoin's Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge

Author: Content Editor
A recent study by NFT Evening has found that Bitcoin's surge past $100,000 has resulted in the creation of 14,211 new millionaires and four new billionaires. The study highlights that Bitcoin investors have achieved millionaire status 22 times faster than stock investors, showcasing the wealth generation capabilities of BTC. The report compares the returns on a $4,000 investment in Bitcoin and traditional company stocks made in 2010, with BTC investors reaching their first $1 million milestone after around 10.3 years, while stock investors saw their portfolios grow to only $45,000. Furthermore, the study reveals that BTC investors who invested $30,500 in early 2011 became billionaires around 12.7 years later, with an impressive return on investment of 32,787 times. Despite Bitcoin's volatility, it has significantly outperformed major US stocks, with its growth since 2010 being 76,378 times the returns of Apple and 6,062 times the returns of Nvidia.

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