Government Bitcoin Rankings US Tops List, Bhutan and El Salvador Active

  • The US holds the largest Bitcoin reserve at $12.16B, mainly from law enforcement seizures.

  • The UK has a passive Bitcoin strategy, holding $3.67B with minimal recent transactions.

  • Bhutan and El Salvador actively manage Bitcoin, with Bhutan also generating income through mining.

The United States, United Kingdom, Bhutan and El Salvador are at the top of the government Bitcoin-holding leaderboard, based on Arkham Intelligence’s latest data.

ARKHAM GOVERNMENT BITCOIN HOLDINGS LEADERBOARD

1. United States – $12.16B
2. United Kingdom – $3.67B
3. Bhutan – $782.46M
4. El Salvador – $351.75M

Honorable Mention – Germany – ZERO (down from $3.56B) pic.twitter.com/hHo7v1QYgC

— Arkham (@ArkhamIntel) September 19, 2024

The US leads the global Bitcoin holdings, with $12.16 billion worth of Bitcoin accounting for 203,239 BTC. Their holdings also include a variety of other digital assets, like Ethereum, showing a broad and diversified investment approach.

A good portion of the US government’s Bitcoin was obtained through law enforcement seizures, such as the Silk Road case, and regular transactions show the ongoing management of these assets.

Read also: Fifth-Largest Bitc…

The post Government Bitcoin Rankings: US Tops List, Bhutan and El Salvador Active appeared first on Coin Edition.

#BTC