Bitcoin boom brings billions to countries with cryptocurrency assets

On the back of bitcoin’s new all-time high of $118,000, countries holding significant amounts of the cryptocurrency are recording multi-billion dollar gains. According to Arkham data, the US holds 198,000 BTC, equivalent to $23.4 billion.

The funds will be allocated to the strategic reserve established by President Donald Trump earlier in 2025. The increase in the value of the asset since January increased the value of the state reserve by $3 billion.

The UK owns 61,245 BTC confiscated in 2021 as part of a money laundering investigation. Since then, their value has grown to $7.26 billion. Despite the growth, the government is not considering forming a crypto reserve.

The authorities of Bhutan through Druk Holdings hold 11,600 BTC mined with the participation of Bitdeer and Jihan Wu. At current prices, their value exceeds $1.37 billion. El Salvador, where bitcoin is recognized as an official means of payment, controls 6,234 BTC worth about $740 million. Despite criticism from the IMF, the country continues to increase crypto-assets under management.

As for Ukraine, the data about more than 46,000 BTC allegedly belonging to the state remains disputable. Officials have indeed declared such volumes, but analysts emphasize that these are personal assets that do not belong to the treasury. A similar situation with China: according to Bitbo, the country allegedly owns 194,000 BTC confiscated earlier, but there is no evidence that they were not sold off.

Germany, by contrast, sold nearly 50,000 BTC worth $2.88 billion in July 2024. If the assets were held, as the U.S. does, their current value would be $5.88 billion – nearly $3 billion more. This difference underscores bitcoin’s growing role as a strategic asset, especially against a backdrop of high market volatility and changing government attitudes toward cryptocurrencies.