From Seizures to Mining Rigs: How Governments Built Massive Bitcoin Holdings

In 2025, the roster of nation-states holding BTC quietly shifted, and what follows is a look at the top five countries sitting on large caches of the worlds leading crypto asset. Seized, Mined, Stockpiled: How Governments Became Major Bitcoin Holders in 2025 Early this year, in May, estimates put the United States bitcoin stash at []