Cryptocurrency Q&A
What country holds Bitcoin?
What country holds Bitcoin?
BlockchainBaron
Sun Nov 24 2024
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5 answers
1079
I'm wondering which country currently possesses or holds Bitcoin, possibly as a reserve asset or for other reasons. I'd like to know which nation has invested in this cryptocurrency.
5 answers
EnchantedPulse
Tue Nov 26 2024
As of August, according to data from CoinGecko, governments globally held a significant portion of Bitcoin's supply.
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Pietro
Mon Nov 25 2024
Interestingly, Bhutan ranks fourth in terms of Bitcoin holdings among governments. As of August, Bhutan holds more Bitcoin than El Salvador, which holds 5,800 BTC. However, Bhutan's holdings are still less than those of the UK, which holds 61,000 BTC.
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SakuraFestival
Mon Nov 25 2024
Specifically, governments were in possession of 2.2% of the total Bitcoin supply. This percentage indicates a notable amount of the cryptocurrency being held by governmental entities.
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Leonardo
Mon Nov 25 2024
Among these governments, the United States emerged as the largest holder of Bitcoin. With a total of 213,246 BTC, the US holds a substantial portion of the Bitcoin supply held by governments.
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SamsungShine
Mon Nov 25 2024
Following the US, China is the second-largest holder of Bitcoin among governments. China holds 190,000 BTC, showcasing its significant involvement in the cryptocurrency market.
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