Governments Are Playing Hardball with Bitcoin! You Won’t Believe Who’s Winning

Oh, the world of crypto! The governments of the globe, those tricky folks, have been busy with Bitcoin like a cat in a yarn shop. A shiny new report has come out, and guess what? Some governments have started doing a little less “buying” and a little more “selling.” According to Coingecko, as of April 2025, governments are collectively holding over 463,741 BTC. That’s about 2.3% of all the Bitcoin ever made. Quite a chunk, isn’t it? But wait, it’s actually *less* than last July, when they held 529,591 BTC. What’s going on? They’ve apparently decided to change things up, making moves as slick as a slippery eel.

Now, while countries like El Salvador and Bhutan are hoarding more and more BTC like a squirrel stockpiling acorns, the big players like the United States and Germany are cutting back. Who knew? 😲

United States Holds $18B Worth Of BTC

Look at the U.S., the top dog in the Bitcoin game, still holding a whopping 198,012 BTC, worth around $18.3 billion. But wait—don’t get too excited. It’s *slightly* less than July 2024, after some of their precious coins were sold off. Who needs to hold on to all that? They probably needed a little cash for a snack or something… 🍔

Right behind them, surprise, surprise, it’s China! Despite putting up the “no entry” sign for crypto trading and mining, China still has 194,000 BTC, worth $17.6 billion. Most of that? Oh, it came from the 2019 PlusToken Ponzi scheme. You know, just some casual crypto heists, no biggie. 🕵️‍♂️

BTC world domination

Bhutan Mines Over 8,000 BTC

Hold onto your seats because here comes Bhutan! Yes, the tiny Himalayan country you might have forgotten about has been mining Bitcoin like there’s no tomorrow. They’ve already mined a jaw-dropping 8,594 BTC, using good old-fashioned hydroelectric power. That’s right—sustainable energy AND Bitcoin. Who knew those mountains were hiding so much potential? 🏔️

Meanwhile, the United Kingdom’s stockpile of 61,000 BTC was… shall we say, “procured” from criminals. They’re still pondering whether to sell it off or use it for something a bit more “public service-y.” 🤔

Then there’s El Salvador, the country that never stops buying. With 6,135 BTC worth $567.8 million, they keep adding 1 BTC daily to their collection. President Nayib Bukele is going full speed ahead with his plans to make Bitcoin the nation’s economic superstar. 🏆

But wait, it’s not all sunshine and rainbows. Ukraine has managed to collect 256 BTC, valued at $21.3 million, as donations. They’ve sold it all off for military and humanitarian needs, which is… practical, right? 💸

Oh, and Germany? They sold off their 46,359 BTC in mid-2024, causing Bitcoin’s price to drop by a whole 15.7%. Oops. Sorry, Bitcoin. 🙄

Read More

2025-04-28 10:23