The post Several Governments Hold About $17.8 Billion In Wallets appeared first on Coinpedia Fintech News
Several Governments are holding significant amounts of Bitcoin totaling approximately, $17.8 billion at current market prices. The US government holds the largest share of Bitcoin, with an estimated $12 billion worth of Bitcoin. The United Kingdom government holds approximately $3.3 billion worth of Bitcoin. A significant portion of this may be attributed to various law enforcement operations. Germany’s Bitcoin holdings, valued at approximately $2.2 billion, have recently made headlines. El Salvador’s $314 million Bitcoin holdings are noteworthy, as it has accumulated its holdings through direct purchases and mining operations.