How much Bitcoin does China own?|Governments Holding the Most Bitcoin Governments across the world own an estimated 567,316 BTC, representing 2.70% of the total supply. The Chinese government reportedly holds that was recovered from the Plustoken scam in 2019. Members of the Ukrainian government privately hold roughly 46,351 BTC.190,000 BTC
How much Bitcoin does China actually possess? It's intriguing to note that governments worldwide are estimated to hold 567,316 BTC, which accounts for 2.70% of the entire Bitcoin supply. When it comes to China, what's the exact figure? Have they recovered a significant amount from the Plustoken scam in 2019? And how does this compare to other countries like Ukraine, where government officials reportedly hold approximately 46,351 BTC? It would be fascinating to delve deeper into these numbers and understand the implications they hold for the cryptocurrency market.
How much Bitcoin does the Chinese government own?
Could you please clarify for me the exact amount of Bitcoin that the Chinese government possesses? I'm particularly interested in understanding the significance of this holding, given the volatile nature of the cryptocurrency market. Is there any official statement or report from the Chinese authorities regarding their Bitcoin holdings? Additionally, how does this amount compare to other major governments' holdings, and what are the potential implications for the cryptocurrency industry and the global economy at large? Your insights would be greatly appreciated.