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  • 5 hours ago
Nation-state Bitcoin holdings grew while individual holdings declined in 2025, according to data cited by analyst Willy Woo. The US remains the largest government holder, backed by its Strategic Bitcoin Reserve.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street
00:02Cryptocurrency analyst Willie Wu says Bitcoin adoption by nation states has outpaced individual
00:07ownership as governments increase their holdings. In a post on X, Wu cited River data showing the
00:11number of countries holding Bitcoin rose from 2 in 2016 to as many as 23 in 2025. Individuals
00:18reduced their holdings by 696,000 Bitcoin in 2025, while nation states added 135,000. About 12% of
00:26countries own Bitcoin, while 8% have policies to acquire or hold it. On-chain analytics firm
00:32Arkham Data shows that the U.S. holds 324,527 Bitcoin worth nearly $28 billion, making it the
00:40largest nation stateholder, according to Bitcoin treasuries. President Trump created a strategic
00:44Bitcoin reserve last year using Bitcoin already held through criminal and civil asset forfeiture.
00:49For all things money, visit Benzinga.com.

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