RATE Group | Who Invests in Bitcoin? The Answer Might Surprise You — The Motley Fool
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Who Invests in Bitcoin? The Answer Might Surprise You — The Motley Fool

Who Invests in Bitcoin? The Answer Might Surprise You — The Motley Fool

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There are several common perceptions about investors in bitcoin and other cryptocurrencies. For example, bitcoin investors are generally thought of as younger people and as a very small subset of the population.

In order to get a better idea of who is interested in and investing in bitcoin, Grayscale recently commissioned a survey. Conducted by Q8 Research, this survey asked 1,100 U.S. investors between the ages of 25 and 64 about bitcoin, and some of the results are surprising.

Stacks of gold coins with bitcoin symbol.

Image source: Getty Images.

One-third of U.S. investors are interested in bitcoin

The survey found that over one-third (36%) of U.S. investors would consider an investment in bitcoin, which roughly translates to 21 million people. There are a few potential reasons for this — in addition to its use as a speculative instrument or as a long-term store of value, bitcoin is often seen as a way to diversify a portfolio, as its price movements are not closely…

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