A recent take a look at on-chain research exhibits the US far forward in Bitcoin holdings. Traders and analysts are watching intently as international locations and firms construct out their positions. The sheer measurement of America’s stash is reshaping conversations about shortage and worth within the crypto world.
Geographic Breakdown Reveals US Dominance
In keeping with evaluation from Fred Krueger, the US holds almost 8 million BTC out of just about 20 million in circulation. That provides as much as 40% of all current cash.
Primarily based on stories, a $120,000 valuation per BTC would put America’s holdings at round $936 billion. On the similar time, US Bitcoin ETFs noticed web inflows of $6 billion in July. It was the third-strongest month ever for these merchandise, trailing solely February and November 2024.
Who owns Bitcoin?
1/ Bitcoin is principally a US thing2/ India is the shock quantity 23/ Europe is admittedly not concerned. pic.twitter.com/zhiZ21i7HQ
— Fred Krueger (@dotkrueger) August 3, 2025
Provide outdoors America is way smaller. India is available in second with 1 million BTC, or 5% of the provision, value about $120 billion on the similar value level. Europe follows at 900,000 BTC (4.6%), valued at $108 billion.
China’s authorities holds roughly 194,000 BTC (1%), largely from seizures, pegged at $23.3 billion. Collectively, Latin America and the remainder of Asia every management about 400,000 BTC (2%), valued at $48 billion apiece. Africa and different areas mix for 300,000 BTC (1.5%).
Company Giants Maintain Huge Stakes
Experiences have disclosed that public corporations within the US are key gamers within the Bitcoin recreation. Technique leads by a mile with 628,791 BTC on its books. Marathon Digital Holdings (MARA) sits subsequent with 50,000 BTC, whereas XXI Capital holds 43,514 BTC.
Bitcoin Normal Treasury Firm has 30,021 BTC, and Riot Platforms retains 19,225 BTC. US President Donald Trump Media & Know-how Group Corp. makes the checklist too, proudly owning 18,430 BTC. That blend of corporations spans from miners to monetary companies, exhibiting how assorted company curiosity has develop into.
Supply: Bitcoin Treasuries by Bitbo.
India And Europe Preserve Rising
Information exhibits India’s crypto surge continues regardless of a murky regulatory panorama. Many of the nation’s holders are retail buyers with small balances, however the sheer headcount locations the nation forward of Europe.
In Europe, a mix of retail and establishments drives adoption. Nonetheless, progress right here has been steadier than in India’s near-100% compound annual charge (CAGR) from 2018 to 2023—versus about 8% for conventional funds. That distinction highlights crypto’s distinctive pull amongst Indian customers.
In the meantime, Bitbo’s current chart additionally sheds gentle on national-level reserves. It exhibits over 200,000 BTC linked to the US and the same determine for China.
The UK ranks third with 61,000 BTC, Ukraine fourth at 46,000. Smaller gamers like Bhutan, El Salvador, and Finland maintain between 5,000 and 10,000 BTC.
Featured picture from Pexels, chart from TradingView

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