#TradersBootCamp States was already the largest known state holder of bitcoin, estimated to hold 207189 BTC, as of January 1, 2025. Other top holders include China, United Kingdom, Ukraine, Bhutan, El Salvador, with the last two actively building up their national bitcoin reserves by mining or buying bitcoin.[5][6][7]

The US reserve was established by two executive orders:

"Strengthening American Leadership in Digital Financial Technology" (January 23, 2025)

"Establishment Of The Strategic Bitcoin Reserve And United States Digital Asset Stockpile" (March 6, 2025).

The reserve has provoked mixed reactions, from some economists criticizing the idea[8], to governments of several states initializing similar projects.[9][10][11]