A new data set from BitBo is reigniting one of crypto’s biggest talking points: despite Bitcoin’s explosive global visibility, actual ownership remains remarkably small.
According to the report, only 106 million people worldwide currently own Bitcoin, a figure that underscores how early mass adoption truly is.
The statistics also reveal how limited day-to-day participation remains. BitBo estimates just 400,000 daily Bitcoin users, a number that stands in stark contrast to Bitcoin’s trillion-dollar market presence during peak cycles.
⚡ UPDATE: There are only 106M $BTC owners, per BitBo. pic.twitter.com/luOcEIVdqm
— Cointelegraph (@Cointelegraph) November 23, 2025
Meanwhile, the network counts 200 million Bitcoin wallets, though not all belong to unique individuals, and only 53 million people are classified as Bitcoin traders.
These figures highlight a key trend: Bitcoin may dominate headlines, but the number of real users is still a fraction of the global population. For many analysts, this gap between awareness and ownership is one of the strongest long-term bullish signals, especially as institutional adoption grows and nations accelerate digital-asset regulation.
Early Stage of Adoption Presents Long-Term Bullish Signals
With only 106 million owners out of 8 billion people, the market remains in an early stage where upside is still tied to long-term onboarding. If even a small percentage of new global users enter the ecosystem, the next adoption wave could be far larger than previous cycles.
As interest rises ahead of future ETF expansions, halving dynamics, and geopolitical demand for decentralized assets, the data serves as a reminder: despite Bitcoin’s size, true global penetration has barely begun.