The average bitcoin investor is young, rich and male

Most people know what bitcoin and cryptocurrencies are and feel comfortable explaining them to others. But the true bitcoin fans are Millennial men earning more than $75,000 a year in urban areas, according to a recent survey of more than 1,000 Americans.

The survey was conducted by Clovr, a company focused on promoting the mainstream adoption of blockchain technologies — the digital ledgers that record bitcoin transactions. It is one of the first comprehensive studies of who owns cryptocurrencies.