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Here’s the current snapshot of known Bitcoin reserves held by national governments, based on the most recent Q1 2025 data:
🇺🇸 Country BTC Held USD Approx. Value % of Total BTC Supply
United States 207,189 BTC ~$21.5 billion ~0.99 %
China 194,000 BTC ~$20.1 billion ~0.92 %
United Kingdom 61,000 BTC ~$6.32 billion ~0.29 %
Ukraine 46,351 BTC ~$4.80 billion ~0.22 %
Bhutan 13,029 BTC ~$1.35 billion ~0.06 %
El Salvador ~6,003 BTC ~$0.63 billion ~0.03 %
🌍 Government Bitcoin Summary
Governments collectively hold around 463,741 BTC, which is ~2.3% of Bitcoin’s total supply .
Most of these crypto reserves originated from law enforcement seizures, except for Bhutan, which actively mines Bitcoin using its abundant hydroelectric power .
El Salvador is a special case: it not only adopted Bitcoin as legal tender but has continued buying BTC to hold in reserves .
Let me know if you'd like to explore how these holdings evolved over time, how they’re managed, or what impact they have on global crypto policy!