Governments currently hold 2.3% of the total Bitcoin supply of 77,235,655,024
United States
The U.S. government remains the largest holder of Bitcoin, with approximately 198,012 BTC (around $18.3 billion as of April 2025). A significant development was President Donald Trump's executive order in March 2025 to establish a 'Digital Fort Knox' - a strategic cryptocurrency reserve for integrating Bitcoin that is protected from asset seizure.
China
Despite banning cryptocurrency trading and mining, China remains the second-largest government holder of Bitcoin, currently holding 194,000 BTC (approximately $17.6 billion). Most of these assets stem from the PlusToken Ponzi scheme in 2019.
United Kingdom
The UK holds 61,000 Bitcoin (approximately $5.6 billion), all acquired through seizures related to crime. As suggested in recent policy discussions, the government has yet to decide whether to sell these assets or use them for public finance needs.
Bhutan
Bhutan has quietly accumulated 8,594 Bitcoin (approximately $795.4 million), all achieved through sustainable Bitcoin mining powered by hydropower. The country continues to expand its mining operations, making it a rare example of a government accumulating Bitcoin through direct mining rather than seizure or purchase.
El Salvador
El Salvador has steadily increased its Bitcoin reserves to 6,135 BTC (approximately $567.8 million). As part of President Nayib Bukele's long-term strategy to integrate Bitcoin into the national economy, the country continues to purchase 1 BTC daily.
