#How Much Bitcoin Does the U.S. Government Hold?
The U.S. government currently possesses approximately 198,000 Bitcoin, equivalent to over $20 billion. This significant amount positions the U.S. ahead of both China, which holds around 190,000 BTC, and the United Kingdom, holding about 61,000 BTC. When combined, these three nations collectively manage about 449,000 BTC, representing roughly 2.1% of the total Bitcoin supply.
#Where Does U.S. Bitcoin Come From?
Most of the Bitcoin held by the United States arises from asset seizures linked to criminal activities. During President Donald Trump’s administration, there were proposals aimed at establishing a national Bitcoin reserve. This initiative was intended to reinforce the U.S. position within the competitive cryptocurrency market.
Understanding these holdings is crucial for retail investors looking to comprehend the broader implications for Bitcoin and the cryptocurrency ecosystem. As government involvement in Bitcoin continues to grow, it will likely influence market dynamics significantly.