Governments of nine countries hold Bitcoin worth $34 billion in controlled wallets, with major holders including the USA, UK, and China. The United States leads with 213,246 BTC, valued at $13.9 billion, largely from seizures tied to criminal activities like the Silk Road and Bitfinex hack.
China follows closely with 190,000 BTC, primarily confiscated from the Plus Token Ponzi scheme. The UK holds 61,000 BTC, mostly seized during criminal probes.
El Salvador stands out as the only nation to legalize Bitcoin, holding 5,800 BTC worth $378 million, and has seen significant gains.
The collective holding of 517,414 BTC by these governments demonstrates growing acceptance and regulatory interest in digital assets. This involvement has broad implications for the cryptocurrency market, emphasizing its strategic importance and long-term potential.
