{"id":29111,"date":"2024-04-13T05:34:18","date_gmt":"2024-04-13T05:34:18","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/us-government-tops-global-list-in-bitcoin-reserves\/"},"modified":"2024-04-13T05:34:18","modified_gmt":"2024-04-13T05:34:18","slug":"us-government-tops-global-list-in-bitcoin-reserves","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/us-government-tops-global-list-in-bitcoin-reserves\/","title":{"rendered":"US Government Tops Global List in Bitcoin Reserves"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>The U.S. government has amassed the largest stash of <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a> compared to any other nation, with its holdings valued at around $14.7 billion. This positions the U.S. just slightly below MicroStrategy, a significant player in the cryptocurrency space with 214,246 BTC valued at $14.8 billion, according to data from Arkham.<\/p>\n<p>In addition to Bitcoin, the U.S. holds a diverse array of other cryptocurrencies, including Ethereum and stablecoins such as USDC and Tether, collectively worth close to $200 million. This substantial portfolio underscores the country\u2019s robust involvement in the digital currency market.<\/p>\n<p>Comparatively, the UK and Germany are also notable for their significant Bitcoin investments. The UK currently holds Bitcoin assets worth nearly $4.2 billion, making it the second-largest national holder. Germany follows with around $3.4 billion in Bitcoin.<\/p>\n<p>The increase in the U.S. Bitcoin holdings in early 2023 by approximately 5,000 BTC can be attributed to seizures from criminal activities. Notable cases include the takedown of the Silk Road marketplace and actions against individuals like Jimmy Zhong as well as groups such as the Bitfinex hackers.<\/p>\n<p>Interestingly, El Salvador, which declared Bitcoin legal tender in <a href=\"https:\/\/igaming.org\/crypto\/september-7-bitcoinday-in-el-salvador\/\">September 2021<\/a>, holds \u2018only\u2019\u00a0 5,717 BTC valued at nearly $400 million, showing a 50% increase in unrealized profit on its holdings.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>177% up to 5BTC + 77 <strong> Free Spins<\/strong>!<\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/how-the-us-became-the-worlds-largest-bitcoin-holder\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) The U.S. government has amassed the largest stash of Bitcoin compared to any other nation, with its holdings valued at around $14.7 billion. This positions the U.S. just slightly below MicroStrategy, a significant player in the cryptocurrency space with 214,246 BTC valued at $14.8 billion, according [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":29112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/29111"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=29111"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/29111\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/29112"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=29111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=29111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=29111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}