As of Q1 2025, the government collectively holds over 463,741 BTC, representing approximately 2.3% of Bitcoin’s total supply. This marks a slight decrease from 529,591 BTC reported in July 2024. With the current price per bitcoin estimated at $1,04,330.90, the market has reached billions of dollars.
The Kingdom of Bhutan and El Salvador are some of the biggest crypto-holding governments, accumulated by harnessing the abundant hydropower resources to mine Bitcoin and purchase Bitcoin.
Top Government Bitcoin Holding in 2025
This chart shows updated results from April 2025.
Conclusion
With the price surge in Bitcoin, many countries have started following the trend to regulate cryptocurrency. Several countries are even planning to establish a Bitcoin Strategic Reserve to integrate Bitcoin into the national reserve. While these are the top 10 countries in Q1 2025 to hold the most Bitcoins, the estimations keep changing with market flows.