According to analysis from Fred Krueger, the US holds nearly 8 million BTC out of almost 20 million in circulation. That adds up to 40% of all existing coins.
Who owns Bitcoin?
Supply outside America is much smaller. India comes in second with 1 million BTC, or 5% of the supply, worth about $120 billion at the same price point. Europe follows at 900,000 BTC (4.6%), valued at $108 billion.
China’s government holds roughly 194,000 BTC (1%), mostly from seizures, pegged at $23.3 billion. Together, Latin America and the rest of Asia each control about 400,000 BTC (2%), valued at $48 billion apiece. Africa and other regions combine for 300,000 BTC (1.5%).
Data shows India’s crypto surge continues despite a murky regulatory landscape. Most of the country’s holders are retail investors with small balances, but the sheer headcount places the country ahead of Europe.
The UK ranks third with 61,000 BTC, Ukraine fourth at 46,000. Smaller players like Bhutan, El Salvador, and Finland hold between 5,000 and 10,000 BTC.
Featured image from Pexels, chart from TradingView
