As of March 14, 2025, a few countries have incorporated Bitcoin into their strategic reserves. Below are the known countries and their related situations:
1. Bhutan: Bhutan utilizes its domestic hydropower resources for Bitcoin mining and incorporates the acquired Bitcoin into national reserves.
2. El Salvador: Since 2021, El Salvador has designated Bitcoin as legal tender and is gradually accumulating Bitcoin as national reserves.
3. United States: In March 2025, the U.S. government announced plans to establish a strategic Bitcoin reserve, viewing it as 'digital gold' and likening it to 'digital Fort Knox.'
In addition, other countries such as Brazil, Poland, Russia, and Japan are considering establishing national Bitcoin reserves, but have not yet officially implemented this as of now.
It is important to note that some countries' Bitcoin reserves come from assets confiscated by law enforcement from illegal activities, rather than active purchases.
Due to varying levels of transparency regarding Bitcoin holdings among countries, it is not possible to provide precise rankings and data.