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.