Governments Hold $32 Billion in Bitcoin: US Leads, China Follows

• Governments worldwide hold $32 billion in Bitcoin reserves, with the U.S. leading.
• Bitcoin seizures contribute significantly to government Bitcoin holdings.
• El Salvador embraces Bitcoin as legal tender, implementing a daily purchase program.

Bitcoin’s mainstream adoption is not limited to just retail investors and institutions. Now, governments across the world are accumulating Bitcoin in their portfolios. Unsurprisingly, with over 213,297 BTC, the United States government is the largest Bitcoin holder.

However, in the majority of cases, governments acquire this cryptocurrency through seizures from illegal activities. Some also obtain Bitcoin through donations or active purchasing.

How much #Bitcoin do governments hold?

1. United States – 213,246 $BTC
2. China – 190,000 $BTC
3. United Kingdom – 61,000 $BTC
4. El Salvador – 5,800 $BTC
5. Ukraine – 1,344 $BTC
6. Germany – 0 $BTC

— CoinGecko (@coingecko) July 31, 2024

As of July 29, 2024, governments around the world hold 2.6% of Bitcoin’s circulating supply, or 471,380.6 BTC, worth $32.7 billion. This trend reflects the increasing importance and recognition of digital assets in the global financia…

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