Top Countries That Hold the Most Bitcoin (BTC) in 2025: Government Crypto Reserves Revealed
Discover which countries hold the most Bitcoin (BTC) in 2025. From government seizures to strategic investments, explore the top nations with massive crypto reserves.
Several governments, including the United States, China, the United Kingdom, Ukraine, Bhutan, and El Salvador, hold significant amounts of Bitcoin, primarily acquired through seizures related to criminal activities or strategic purchases.
United States
As of January 2025, the U.S. government holds approximately 200,000 bitcoins, valued at about $21 billion.
These holdings primarily result from seizures related to criminal activities, notably from cases involving the Silk Road darknet marketplace and the 2016 Bitfinex hack.
In November 2021, law enforcement seized over 50,676 bitcoins, then valued at over $3.36 billion, from James Zhong, who unlawfully obtained them from the Silk Road in 2012.
In February 2022, the U.S. government recovered approximately 94,636 bitcoins, worth about $3.6 billion at the time, linked to the 2016 Bitfinex hack.
These significant seizures have contributed to the U.S. government's substantial bitcoin holdings.
China
The Chinese government reportedly holds approximately 194,000 BTC, valued at around $20.4 billion. These holdings are primarily from seizures related to illicit activities.
United Kingdom
The UK government has confiscated about 61,000 BTC, valued at approximately $6.4 billion, mainly through dismantling significant money laundering operations.
Ukraine
The Ukrainian government holds around 46,351 BTC, valued at about $4.9 billion. These holdings are primarily from donations supporting defense and humanitarian initiatives amidst ongoing conflicts.
Bhutan
The Kingdom of Bhutan owns approximately 13,029 BTC, valued at around $1.4 billion, primarily accumulated through Bitcoin mining activities.
El Salvador
El Salvador holds about 6,002 BTC, valued at approximately $632 million. The country has been purchasing Bitcoin regularly as part of its strategy to integrate cryptocurrency into its national economy.
