US Government Holds Billions of Shiba Inu: Details
The United States government holds a substantial amount of Shiba Inu (SHIB).
Shiba Inu (SHIB) has continued to gain widespread popularity, attracting the interest of retail and institutional clients.
U.S. Government SHIB Holding
Besides retail and institutional investors, the United States government also holds a significant amount of SHIB in its blockchain wallet.
According to data from Arkham Intelligence, the U.S. government holds 54,897,000,000 (54.89 billion) SHIB tokens. Notably, the blockchain wallet affiliated with the U.S. government holds more than 100 digital assets worth $12.43 billion at the time of writing. Out of the total crypto holdings in the wallet, only Shiba Inu has amassed a quantity in the billions.
With a unit of SHIB currently trading at $0.00001329, the 54.89 billion SHIB held by the U.S. government are valued at $729,581. This positions Shiba Inu as the 19th-biggest token by dollar value in the wallet.
