A Number Of Countries Want To Have Bitcoin, These Are The 6 Countries That Own The Most Bitcoin In The World
2025-01-08Bittime - The latest analysis published by Fidelity Digital Assets (FDA) suggests that several technologically advanced countries are expanding their Bitcoin reserves. Which countries own the most Bitcoin (BTC)? Check out the explanation in this article.
This research predicts that by 2025, more and more countries will place Bitcoin in their national reserves. This step is not just an investment.
However, this is seen as a step to avoid the risk of detrimental inflation and a larger fiscal deficit. Interestingly, several countries that already had large amounts of Bitcoin are now starting to see significant benefits from their decision.
6 Countries Owning the Most Bitcoin (BTC).
Wondering which countries have the most Bitcoin? The following are 6 countries that are currently recorded as having the most Bitcoin in the world.
1. United States (198,109 BTC - around IDR 323 Trillion)
The United States remains the leader in Bitcoin ownership in the world. With around 198,109 BTC (around Rp. 323 trillion), the United States has the largest Bitcoin reserves, which is equivalent to more than $20 billion (around Rp. 323 trillion).
The country has developed various crypto-related policies and has a large number of companies involved in the Bitcoin ecosystem.
Read also: Demand for Bitcoin ETFs Increases Dramatically
2. China (190,000 BTC - around IDR 306 Trillion)
China, despite having stricter policies towards cryptocurrencies, remains in second place in terms of Bitcoin holdings. This country recorded an amount of around 190,000 BTC (around IDR 306 trillion).
Despite the government banning some crypto-related activities, many companies and individuals in China still hold Bitcoin as part of their financial reserves.
3. United Kingdom (61,245 BTC - around IDR 98 Trillion)
The UK is one of the European countries most active in utilizing Bitcoin. With more than 61,000 BTC (around IDR 98 trillion), the country has Bitcoin as part of their digital currency reserve strategy.
The ever-growing value of Bitcoin makes the UK increasingly see the great potential in utilizing cryptocurrency to increase national economic stability.
4. Ukraine (46,351 BTC - around IDR 74 Trillion)
In the midst of the ongoing geopolitical crisis, Ukraine also recorded itself as the fourth largest owner of Bitcoin. This country has around 46,351 BTC (around IDR 74 trillion).
Despite being hampered by war, Ukraine views Bitcoin as an alternative reserve that can provide resilience to currency and economic crises.
5. Bhutan (11,688 BTC - around IDR 18.8 Trillion)
Bhutan, a small country known for its gross national happiness (GNH) policy, is also leveraging Bitcoin as part of their economic strategy.
With holdings of around 11,688 BTC (around Rp. 18.8 trillion), the country has taken the bold step of including Bitcoin in its state reserve policy, primarily to gain financial benefits in the long term.
6. El Salvador (5,961 BTC - around IDR 9.6 Trillion)
El Salvador became the first country in the world to recognize Bitcoin as legal tender in 2021.
With around 5,961 BTC (around IDR 9.6 trillion), El Salvador managed to reduce dependence on foreign currency and began building Bitcoin reserves as part of its bold fiscal policy.
Read also: Should You Buy Bitcoin Today? Considerations Before BTC Investment
Bitcoin as a State Strategic Asset
According to Matt Hogan, research analyst at Fidelity Digital Assets, more and more countries will see Bitcoin as more than just an investment or speculation tool.
In the future, countries will start including Bitcoin in their strategic reserves. This is to avoid the negative impact of inflation, currency devaluation and a larger fiscal deficit.
If large countries like the United States do include Bitcoin in their reserves, this could spark a trend of wider adoption across the world.
Even some smaller countries like Bhutan and El Salvador have seen financial benefits from their Bitcoin holdings.
In recent years, the value of Bitcoin has shown rapid growth, making it an attractive option for countries looking to avoid the risks of traditional finance.
FAQs About Bitcoin
1. What is Bitcoin?
Bitcoin is a cryptocurrency discovered by a person or group of people under the pseudonym Satoshi Nakamoto in 2008.
2. How does Bitcoin work?
Bitcoin works using blockchain technology, which is a decentralized transaction recording system.
3. Is Bitcoin safe to use?
Bitcoin uses a very strong encryption system to protect transactions and users' digital wallets. However, users still need to be careful about their personal security, such as protecting private keys and using a trusted platform.
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Reference
Cointelegraph, Nation-state Bitcoin adoption to drive crypto growth in 2025: Fidelity, accessed January 8, 2025.
Fidelity Digital Assets, Fidelity Digital Assets 2025, accessed January 8, 2025.
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