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US and China Dominate Bitcoin Accumulation: A Global Overview

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by Giorgi Kostiuk

3 hours ago


The United States and China hold the largest Bitcoin reserves among governments, controlling over 388,000 BTC, which reflects their strategic interest in digital assets.

Global Bitcoin Holdings by Governments

Data from Bitwise Asset Management and BitcoinTreasures.net highlights that the US and China stand out with a combined total exceeding 388,000 BTC. This accumulation underscores a strategic effort to diversify national reserves using digital currencies.

Notable National Reserves

The United Kingdom ranks third, holding 61,245 BTC. Ukraine possesses 46,351 BTC, possibly reflecting increased cryptocurrency donations during wartime. Smaller nations also make their mark, such as Bhutan with 10,635 BTC. These differences in reserve sizes provide insights into how countries integrate Bitcoin into their financial systems.

Government Bitcoin Strategy and Future Outlook

A recent Cointelegraph tweet questions whether more states will join the Bitcoin race. The data shows nations using Bitcoin as a tool to diversify holdings, modernizing financial reserves. Government interest in Bitcoin is part of a larger trend towards incorporating digital assets into state financial planning.

Large national reserves signal long-term planning in digital asset management.

Bitcoin holdings serve as a measure of digital asset adoption, encouraging continued monitoring of trends across countries. As digital finance evolves, governments may adjust their reserve strategies to meet emerging market needs.

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