Bitcoin's Astronomical Returns Make Some Investors Crypto Millionaires, But Billions Remain a Long Shot

Bitcoin has historically delivered astronomical returns, averaging 230% per year from 2011-2021 compared to 20% for tech stocks.

Cathie Wood predicts Bitcoin could reach $2.3 million by 2024 based on forecasts that nearly 20% of the world's investable assets could eventually be in crypto.

For Bitcoin to make you a billionaire, it would likely need to hit a price of at least $2 million, requiring a $35 million investment at today's prices.

While becoming a Bitcoin billionaire is unlikely, 10x or greater returns could still make some early investors crypto millionaires.

By the end of 2021 there were already 6 Bitcoin billionaires, likely from early investments when Bitcoin was just $1.