Ethereum

Bitcoin

Arkham

April

Read

The U.S. government is the largest Bitcoin holder among nations worldwide, with approximately $14.7 billion worth of BTC. 
According to&nbsp;<a href="https://platform.arkhamintelligence.com/dashboards/view?dashboardID=47d779bb-3c6f-4dd3-8f8e-1f6602e2f631&amp;editMode=false" target="_blank" rel="">Arkham</a>&nbsp;data, the U.S. government currently holds 212,847 BTC in its treasury wallets, just behind&nbsp;<a href="https://crypto.news/bitcoin-microstrategy-ownership-total-supply/" target="_blank" rel="">MicroStrategy</a>, which owns 214,246 BTC, which is currently valued at $14.8 billion. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Our team created a dashboard featuring the Governments with the largest crypto holdings. For each country, you can see their current BTC balance, balance history in USD, and a real-time feed of their most recent transactions. Some of the largest countries on Arkham are the US,… <a href="https://t.co/jKRmKJCVfn" target="_blank" rel="">pic.twitter.com/jKRmKJCVfn</a>— Arkham (@ArkhamIntel) <a href="https://twitter.com/ArkhamIntel/status/1778741086418059740?ref_src=twsrc%5Etfw" target="_blank" rel="">April 12, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
Apart from&nbsp;<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="">Bitcoin</a>, the U.S. has collected significant quantities of other digital currencies, including&nbsp;<a href="https://crypto.news/price/ethereum/" target="_blank" rel="">Ethereum</a>&nbsp;(ETH) and&nbsp;<a href="https://crypto.news/price/usd-coin/" target="_blank" rel="">USDC</a>&nbsp;and Tether (<a href="https://crypto.news/price/tether/" target="_blank" rel="">USDT</a>) stablecoins, collectively valued at nearly $200 million. The UK government has the second-largest holdings, with almost $4.2 billion of Bitcoin. The German government also holds approximately $3.4 billion worth of BTC. However, according to Arkham data, neither country has other significant cryptocurrencies.&nbsp; 
 You might also like: <a href="https://crypto.news/hong-kong-to-reportedly-approve-first-bitcoin-ethereum-etfs/" rel=""> Hong Kong to reportedly approve first Bitcoin, Ethereum ETFs </a> 
<a href="https://crypto.news/bitfinex-tokenized-debt-hilton/" target="_blank" rel="">El Salvador</a>&nbsp;formally recognizes Bitcoin as legal tender and maintains a reserve of 5,717 BTC, valued at nearly $400 million. El Salvador continued accumulating BTC throughout 2022 despite facing heavy losses due to the market downturn. Now the country has since seen a 50% profit in its holdings.&nbsp; 
Throughout the start of 2023, the U.S. expanded its Bitcoin reserves by at least 5,000 BTC, primarily through seizures related to criminal activities, including the infamous&nbsp;<a target="_blank" href="https://crypto.news/us-government-silk-road-bitcoin-coinbase/" rel="">Silk Road</a>, and cases involving individuals like&nbsp;<a target="_blank" href="https://crypto.news/the-story-of-jimmy-zhong-new-details-in-silk-roads-stolen-btc-mystery-unveiled/" rel="">Jimmy Zhong</a>&nbsp;and groups like the Bitfinex hackers. 
 Read more: <a href="https://crypto.news/bitfinex-tokenized-debt-hilton/" rel=""> Bitfinex launches tokenized debt for El Salvador’s new Hilton hotel </a>

US government tops global Bitcoin holdings with $15b in assets

crypto.news

Other articles published on Apr 12, 2024

XRP: Analyst Eyes Breakout Amidst Market Tug of War

Crypto: Chainlink Revolutionizes Cross-Chain Transfers with Transporter

Worldcoin’s World (WLD) App hits 10 million users, boosting global crypto engagement

Are we in the crypto renaissance? Binance transacting users up 26% in six months

NEAR Protocol (NEAR) and Shiba Inu (SHIB) Investors Shift Focus to Furrever Token (FURR) for Expl...

Eledator Audited by Top Crypto Auditors

Join our free newsletter for daily crypto updates!