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The number of Bitcoin holders in the United States surpasses 50 million, exceeding gold holders = River report
On the 20th, the Bitcoin (BTC) investment service company River released a report on the state of Bitcoin adoption in the United States. It points out that currently, there are more Americans holding Bitcoin than gold.
About 50 million people hold cryptocurrency (virtual currency) Bitcoin, while only about 37 million hold gold.
On the other hand, while the country with the highest ratio of gold holdings as national reserves is currently the Netherlands, the United States government ranks first in terms of holdings with approximately 8,133.5 tons.
! Source: Goldman Sachs
The United States, backed by its entrepreneurial spirit, is noted to have a high Bitcoin Holdings rate among developed countries, reaching about 14% of its population. This is estimated by referring to data from TripleA and Crypto.com.
It was estimated that the South America region accounts for about 7%, Africa for 4%, Europe for 3%, Asia for 4%, North America for 11%, and Oceania for 3%.
In addition, the United States presented various figures, stating that it is leading the world in Bitcoin.
As for corporate bitcoin holdings, he pointed out that 32 publicly traded companies in the United States own a total of about 730,000 BTC. Non-US companies hold about 40,000 BTC, which is only 5% of the total.
Approximately 570,000 BTC, which accounts for the majority, is held by Strategy Inc. The remainder includes about 100,000 BTC held by various cryptocurrency mining companies and approximately 70,000 BTC held by other companies.
Since its launch in January 2024, it has been stated that 25 major hedge funds and investment advisory firms in the United States have indirectly invested in Bitcoin through these Bitcoin spot ETFs (Exchange-Traded Funds).
What is a Bitcoin ETF?
An exchange-traded fund (ETF) that includes Bitcoin as an investment target. It involves actually purchasing Bitcoin and trading a trust (ETF) based on that Bitcoin in the stock market. Investors can invest in its value without directly purchasing Bitcoin.
In addition, he pointed out that the United States is the top country with 198,000 BTC in terms of government Bitcoin holdings. The U.S. is followed by the U.K. with 61,000 BTC, followed by China with 1.5 BTC, North Korea with 14,000 BTC, Bhutan with 9,000 BTC, and El Salvador with 6,000 BTC.
The U.S. government holds Bitcoin seized from criminal funds, but the exact amount is currently being verified.