#ArizonaBTCReserve
US Cuts Bitcoin Reserves, Government Holdings Drop 12% Over Nine Months
With the tremendous growth in the crypto space, governments have started seeing the need to participate in the ecosystem. Some governments, including the United States and China, hold Bitcoin
$BTC BTC
$94 823
reserves. Governments tend to get BTC from donations, seizures from criminals, buying on the open market, and owning mining farms.
In recent times, governments have sought to increase their stockpile of Bitcoin, but this trend seems to be changing, according to new reports.
At the moment, the US holds the largest Bitcoin reserve with a stockpile of 207,189 BTC, which dropped from its holdings in July 2024. This occurred due to the liquidation of the assets.
The United States and China hold the largest Bitcoin reserves, mostly acquired through confiscations, with the U.S. holding around 207,189 BTC and China around 194,000 BTC.
