With Bitcoin (BTC) prices reaching a new high of $118,000, countries under reserves and authorities’ control have benefited millions, if not millions.
According to Arkham, the US holds 198,000 BTC, currently worth almost $23.4 billion, heads towards the Strategic BTC Reserve announced by President Donald Trump earlier this year.
It has risen above $3 billion since its previous high in January.
Meanwhile, the UK holds 61,245 BTC, which has been seized from a large money laundering scheme. It has been under police control since at least 2021 and has risen over the next four years. $4.86 billion to $7.26 billion.
The UK government currently has no plans to turn it into a sanctuary.
Read more: Reform UK can make workers think more about Bitcoin Reserve
Bhutan, a picturesque Himalayan nation, also owns approximately 11,600 BTC via Druk Holdings Firm. The diagram consists of BTC obtained through the Crypto Mining Operation, supported by BTC mining company Bitdeer and co-founder Jihan Wu.
The country’s stash is currently worth more than $1.37 billion.
El Salvador is run by Nayib Bukele, a dictator who loves the BTC and the inhumane judicial system, and holds 6,234 BTC. It’s worth almost $740 million.
He was ordered by the IMF to stop certain BTC policies, but this has not stopped him from buying more.
Read more: Bitcoin Dev John Attack was arrested in El Salvador this weekend
Ukrainian officials reportedly own more than 46,000 BTC, which is now worth $5.7 billion. These figures are not comparable to BTC state holdings, and BTC trackers have been criticised for classifying the evidence as a zero state holding otherwise.
China is the same. BTC Treasury Tracker Bitbo claims he has obtained 194,000 BTC through seizures.
However, Crypto analysts note that there is no evidence that they own this BTC yet. It may have already been settled.
Germany, which seized almost 50,000 BTC, sold it in July 2024 for around $2.88 billion. This is a standard procedure for many governments seizing codes that do not have BTC reserves.
But if it had followed Trump’s lead, its stash was now worth $5.888 billion, a difference of $3 billion.
