Governments of nine countries collectively hold 517,414 BTC, valued at $34 billion. The United States leads with 213,246 BTC, followed by China with 190,000 BTC and the United Kingdom with 61,000 BTC.
Ukraine ranks fourth, holding 46,351 BTC, primarily from donations and confiscations. El Salvador has 5,800 BTC, promoting Bitcoin as legal tender since 2021.
The US reserve, largely from criminal seizures, highlights a key historical milestone: the Silk Road darknet marketplace takedown. China’s BTC originates from the Plus Token Ponzi scheme bust.
This substantial accumulation by governments underscores cryptocurrency’s growing acceptance. For instance, El Salvador reported $65 million in unrealized profits from Bitcoin.
These holdings reflect a strategic recognition of Bitcoin’s value and its potential to influence global financial dynamics.