Governments worldwide continue to have a significant impact on the cryptocurrency space, with a recent report highlighting some interesting developments. According to a study by Coingecko, as of April 2025, governments collectively hold more than 463,741 BTC, equivalent to approximately 2.3% of Bitcoin’s total supply. This represents a decrease from the previous figure of 529,591 BTC in July 2024, indicating a shift in governmental strategies.
While countries like El Salvador and Bhutan are increasing their Bitcoin holdings, others such as the United States and Germany are reducing their positions. The United States remains the largest holder with 198,012 BTC, valued at around $18.3 billion, although it has slightly decreased its holdings by selling some assets. China follows closely behind, holding 194,000 BTC worth $17.6 billion, with most of its holdings originating from the 2019 PlusToken Ponzi scheme.
The United Kingdom has seized 61,000 BTC from criminal activities, and the government is considering whether to sell these assets or utilize them for public finance purposes. In a surprising move, Bhutan, a small Himalayan nation, has mined over 8,000 BTC using sustainable hydroelectric energy, making it one of the few countries to accumulate Bitcoin through mining rather than confiscations or purchases.
On the other hand, El Salvador has steadily amassed 6,135 BTC valued at $567.8 million and continues to purchase 1 BTC daily as part of President Nayib Bukele’s initiative to integrate Bitcoin into the national economy. Since 2024, Ukraine has received 256 BTC in donations worth $21.3 million, all of which have been liquidated to support military and humanitarian efforts. Germany sold its 46,359 BTC holdings in mid-2024, resulting in a 15.7% decline in Bitcoin’s price.
Overall, governments around the world are actively participating in the cryptocurrency space, with varying approaches to acquiring and managing Bitcoin assets. These developments highlight the evolving landscape of governmental involvement in the crypto sector and its impact on market dynamics. Stay informed with the latest news, analysis, and trends in Bitcoin, altcoins, DeFi, NFTs, and more to stay ahead in the ever-changing world of cryptocurrencies.