Trump promotes Bitcoin development: US BTC reserves hit a record high
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With the support of Donald Trump, the demand for Bitcoin in the United States has grown rapidly, driving a record increase in US Bitcoin reserves. According to analysis by Ki Young Ju, CEO of CryptoQuant, the United States' share of global Bitcoin reserves has surpassed other countries to reach a record high, and this growth is closely related to institutional capital inflows and Trump's related policies.
The surge in US Bitcoin reserves
The growth of US Bitcoin reserves can be observed by comparing the Bitcoin holdings of identifiable US entities (such as Bitcoin miners, MicroStrategy, ETFs, exchanges and government accounts) with offshore entities. The data shows that from September 2024 to January 6, 2025, the proportion of US Bitcoin reserves rose sharply, from 1.24 to 1.65, and even exceeded the share of Bitcoin held by non-US entities by 65%.
Growth of US Bitcoin reserves driven by institutional capital inflows
This wave of Bitcoin reserve growth is closely related to several key events, the most important of which is Trump's re-election and his proposal to establish a national strategic Bitcoin reserve. Offshore Bitcoin reserves dominated when Bitcoin traded below $30,000 in 2023, and as Bitcoin prices soared to all-time highs, institutional investors' interest increased dramatically. Bitcoin spot ETFs hit record highs in inflows and trading volume, and MicroStrategy continued to increase its holdings of Bitcoin, recently purchasing 1,070 BTC, bringing its total holdings to 447,470 BTC. MicroStrategy also announced plans to raise $42 billion over the next three years to expand its Bitcoin investment.
Small businesses also participate in Bitcoin investment
Despite market volatility, many small U.S. businesses are also actively participating in Bitcoin investment. For example, Thumzup Media Corporation recently purchased 9.783 BTC for $1 million, marking the company's first entry into the Bitcoin market. In addition, Solidion Technology and Genius Group also said they would invest part of their cash reserves in Bitcoin.
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