Government Bitcoin Reserves Decrease by 12% to 463,741 BTC
Governments are actively participating in the cryptocurrency ecosystem, holding considerable Bitcoin reserves. Recent reports indicate a decrease in these reserves, dropping from 529,591 BTC in July 2024 to 463,741 BTC by April 2025. This represents 2.3% of Bitcoin's total supply.
Current Government Holdings
- The US holds the largest Bitcoin reserve at 198,012 BTC, down due to asset liquidation.
- China maintains 194,000 BTC, primarily seized from the PlusToken Ponzi scheme, despite its crypto ban.
- The UK has a stable reserve of 61,000 BTC, acquired through criminal seizures.
- Bhutan has added 8,594 BTC through mining operations.
- El Salvador continues to increase its holdings, currently at 6,135 BTC, purchasing 1 BTC daily.
Market Trends
Bitcoin saw an 11% increase from April 20 to April 26, nearing a two-month high around $94,000. Factors contributing to this include potential reductions in US trade tariffs and significant inflows into Bitcoin ETFs totaling $3.1 billion. Speculation suggests Bitcoin could surpass $100,000 in May.