- Bitcoin’s recent price surge to $118,000 has increased the value of government and official holdings worldwide.
- The United States now controls roughly 198,000 BTC, worth about $23.4 billion, according to Arkham.
- UK authorities hold 61,245 BTC from a money laundering seizure, now valued at $7.26 billion, though it is not a formal reserve.
- Bhutan’s state firm holds 11,600 BTC through mining activities, while El salvador owns 6,234 BTC as a national investment.
- Some countries, like Germany and possibly China, have previously seized large amounts of bitcoin but chose to sell rather than hold as a reserve.
As bitcoin’s price reached a new peak of $118,000, several countries have seen their official bitcoin holdings rise sharply in value. The increase benefits nations and authorities that hold the digital asset either as a reserve or after legal seizures.
The United States holds approximately 198,000 BTC, now valued at nearly $23.4 billion, according to Arkham. This bitcoin is set for use as a strategic reserve, a policy announced by President Donald Trump earlier in the year. The holdings have grown by more than $3 billion since January.
UK authorities retain about 61,245 BTC, stemming from a large money laundering investigation dating back to 2021. Since then, the value of this stash has increased from $4.86 billion to $7.26 billion. The UK government does not currently plan to use this bitcoin as an official reserve.
Bhutan has secured roughly 11,600 BTC through mining operations managed by its state-owned Druk Holdings. These holdings, according to Arkham, are now worth over $1.37 billion. Bhutan’s mining operations were expanded with support from the crypto mining company Bitdeer.
El Salvador has acquired 6,234 BTC as a national investment, managed under President Nayib Bukele. This investment is currently worth close to $740 million. Despite requests by the International Monetary Fund to change certain bitcoin policies, the country continues to increase its holdings.
In Ukraine, officials reportedly own over 46,000 BTC, valued at $5.7 billion. However, these are private holdings, not government reserves, and some analysts dispute claims that the state possesses these amounts.
For China, Bitbo, a treasury tracker, states the country seized around 194,000 BTC from criminal investigations. However, crypto experts have noted there is no public evidence that these assets have not already been liquidated.
Germany previously seized nearly 50,000 BTC, which was sold for $2.88 billion in July 2024. This follows common government practice to liquidate seized crypto rather than hold it. If retained, this amount would now be worth $5.88 billion.
Governments continue to evaluate their approach to holding digital assets, with some opting to sell seized assets while others consider adding bitcoin to their national reserves.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
Previous Articles:
- Stablecoin Supply Hits Record as Bitcoin Rally Gains Momentum
- AI Tools Drive Spike in Enterprise Data Loss, Report Warns
- Pump.fun Acquires Kolscan, Traders Profit Millions Before News Breaks
- Goldstream Soars 650% on Offshore RMB Stablecoin Announcement
- J&K SIA Raids 3 Locations Over Crypto Terror Funding Case
