Bitcoin’s price surge in recent months has caused the number of multi-million dollar crypto accounts to quadruple in just 3 months.

CBS cited data from research firm BitInfoCharts that the world currently has about 100,000 Bitcoin accounts worth $ 1 million or more. In which, more than 8,000 have from 10 million USD Bitcoin or more. The figure of more than 100,000 has risen sharply from only 25,000 three months ago and 15,000 a year ago.

Bitcoin earlier this month touched $ 50,000. At the end of last week, the price sometimes increased to 58,000 USD per BTC. This momentum caused the Bitcoin millionaire club to reach hundreds of thousands for the first time in the past week, the BitInforCharts report emphasized.

The biggest reason for the recent spike in prices is Elon Musk’s Tesla electric car company, which last month announced a purchase of $ 1.5 million in Bitcoin. This move shows that other companies may also decide to invest more idle money in this cryptocurrency.

However, exactly how many people own millions of dollars in Bitcoin is difficult to say. Because Bitcoin account numbers and their values ​​are public, the identity of the person behind them is not. A person can own multiple accounts, or an account held by many people.

However, the majority of the accounts are of relatively low value. According to BitInfoCharts, there are currently over 55 million Bitcoin accounts registered on the blockchain. Among them, nearly 45 million are worth just under 100 USD.

This year, despite several sharp declines, Bitcoin’s price is still nearly 70% higher than at the beginning of the year. Meanwhile, gold – the closest rival to cryptocurrencies – has fallen 5%. The DJIA, S&P 500 and Nasdaq Composite on US stock exchanges rose about 5%.