Top 9 Countries That Hold Bitcoin

As the US is officially getting ready to establish its Strategic Bitcoin Reserve, following President Donald Trump’s Executive Order, it’s interesting to look at other top countries with their own Bitcoin holdings.

Here are the top nine countries that are currently holding Bitcoin officially.

Top 9 Bitcoin Holdings by Countries

1. China

Jan3 data shows that China is the leader in Bitcoin holdings with 194,000 BTC worth over $1,7 billion at current prices of around $89,500 for BTC. The official data is as of December 12, 2024.

2. USA

The US reportedly holds 112,189 BTC currently worth over $10 billion. The US would have had over $17 billion more in BTC if it hadn’t sold its holdings over the past years. The US sold 195,000 BTC for around $366 million over the course of more years.

3. UK

The UK reportedly has 61,000 BTC worth around $5,5 billion at current prices.

4. Ukraine

Ukraine holds 46,351 BTC that are worth approximately $4,1 billion.

5. Bhutan

Bhutan currently holds 13,029 BTC worth around $1,16 billion. Bhutan’s PM has publicly disclosed its Strategic Bitcoin Reserve in an official interview, addressing how this helped finance their nation’s expenses.

6. El Salvador

El Salvador holds 6,103 BTC worth almost $548 million at current prices, according to its official Treasury website .

Last year in August, El Salvador announced a $1.6 billion record investment for their “Bitcoin City” to build a new port at La Union. This was the largest private investment in the country’s history.

7. Finland

Finland currently holds 1,918 BTC worth over $171 million.

Recently, we revealed that the Genesis Terahash project in Finland, a facility that operates 100% on renewable energy, uses high-temperature miners to generate heat at 70 degrees Celsius which is then fed into the local district heating network.

This offers a year-round energy for an entire Finnish town of 12,000 residents, supplying hot water during the summer, and heating homes during the winter.

8. Venezuela

Venezuela holds 240 BTC, worth over $21 million at current prices.

9. Georgia

Georgia holds 66 BTC worth $5,9 million.

Apart from these countries, others might hold BTC without officially disclosing it, but hints pointed at the fact that Russia might also be a holder, and the Czech Republic as well.

According to the official data, more countries already have BTC reserves ahead of the US official announcement of an SBR as some of them have been quietly but steadily acquiring BTC.

Coinbase’s CEO, Brian Armstrong, said that he expects many of the G20 countries to follow in the US footsteps and establish SBRs.