Institutional participation continues to broaden. River highlights allocations from hedge funds, asset managers, sovereign wealth funds, endowments, pension funds, and insurance firms, with billions in reported exposure across categories.
For a network born in the shadow of the 2008 financial crisis, landing on sovereign balance sheets in 23 countries marks a notable chapter in its evolution.
FAQ How many countries hold bitcoin, according to River?River estimates that 23 nation-states currently own bitcoin through various acquisition methods. Which country holds the most bitcoin?The United States leads with an estimated 328,372 BTC, largely from asset seizures. How do governments acquire bitcoin?Governments obtain bitcoin through seizures, direct purchases, state-backed mining and sovereign wealth allocations. What share of bitcoin supply do governments control?Governments collectively hold about 432,000 BTC, representing roughly 2.1% of total supply.
