U.S., UK and Germany hold more Bitcoin than you may think.
According to the Arkham website, the United States’ government holds some 212,847 BTC making it one of the biggest holders of Bitcoin, while the treasuries of the U.K. and Germany reportedly hold around 61,245 BTC and 49,858 BTC each. (These values alter daily).
In addition to Bitcoin, the U.S. government also holds around $200 million in other cryptocurrencies like Ether (ETH), as well as major stablecoins like USDC.
U.S. Bitcoin holding by current value according to Arkham
Arkham, a crypto intelligence platform focused on deanonymizing entities on the blockchain network, has introduced a dashboard featuring the governments with the largest crypto holdings.
The U.K. government, reportedly ranked second, holds around $3.5 billion worth of Bitcoin at current valuations, according to Arkham’s data. The German government owns roughly $2.5 billion.
UK Bitcoin holding by current value according to Arkham
Other world governments holding Bitcoin
China, Russia, Ukraine, El Salvador, Finland, Bhutan and many others.
In 2021, El Salvador became the first country to make Bitcoin legal tender and mandated all local businesses to accept payments in BTC.