US Bitcoin holdings hit record high, but who owns the most?

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Bitcoin is making headlines again, and this time itโ€™s all about the U.S. racking up some serious crypto stash.

Thanks to a mix of Trumpโ€™s Bitcoin hype and a fresh wave of institutional investments, American entities have pushed their Bitcoin holdings to an all-time high.

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Vires in numeris

Ki Young Ju, CEO of CryptoQuant shared that U.S. entities now hold 65% more Bitcoin than their non-U.S. counterparts.

This milestone comes from analyzing identifiable U.S. players in the crypto game, with publicly shared holding, think miners, MicroStrategy, ETFs, exchanges, and even government accounts, compared to those operating offshore.

bitcoin
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Institutional demand is skyrocketing

The infographic shared by Ju shows a dramatic rise in the ratio of U.S. to non-U.S.

Bitcoin reserves, as it jumped from 1.24 in September 2024 to 1.66 by mid-December, holding steady at 1.65 as of last week. Just year ago, offshore holdings were the big winners while Bitcoin was around $30K.

Whatโ€™s fueling this growth? Well, it coincides with some major events like Trumpโ€™s pro-crypto stance during his re-election campaign and his proposal for a national strategic Bitcoin reserve.

And letโ€™s not forget that Bitcoin recently hit an all-time high of over $108,000! This is quite an alignment of good news.

Institutional interest is booming, especially with spot Bitcoin ETFs seeing record inflows and trading volumes.

MicroStrategy is leading the pack with 447,470 BTC in its vault after bagging another 1,070 BTC last week.

Theyโ€™re also planning to raise $42 billion over the next three years to pump up their Bitcoin holdings even more.

Everyone want a slice

Not just the big players are getting in on the action, itโ€™s pretty clear that smaller companies are also diving into Bitcoin.

For example, Thumzup Media Corporation just bought 9.783 BTC for around $1 million. They entered the market right after Trumpโ€™s election win last November.

With all this excitement in the U.S., itโ€™s no wonder that non-U.S. entities and governments are also taking notice and considering their own strategic Bitcoin reserves.

Take Japanโ€™s Metaplanet venture capital fund, for xample, theyโ€™re aiming for a stash of 10,000 BTC by 2025.

Metaplanet CEO Simon Gerovich even predicts that if Trump moves forward with his reserve plan, other countries in Asia will likely follow suit, viewing Bitcoin as a national asset worth having.

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