A new report reveals the US is the undisputed king of Bitcoin, controlling a whopping 40% of all Bitcoins in circulation. That’s over $790 billion – more than most Fortune 500 companies are worth!
Beyond Just Ownership
America’s Bitcoin dominance goes beyond just owning coins. The report highlights several key areas:
- Corporate Holdings:
US publicly listed companies own a massive 94.8% of all corporate-held Bitcoin globally. - Funding: American organizations fund 82% of global Bitcoin development and about 70% of venture capital in the Bitcoin space.
- ETFs: US-based Bitcoin ETFs control a staggering 79.2% of all Bitcoin ETF shares worldwide.
- Mining Power: US miners generate 36% of the global Bitcoin mining power (hashrate), making it the most significant contributor to network security. Since 2021, these miners have mined $42.6 billion worth of Bitcoin, investing over $30 billion in equipment and infrastructure. This boom has led to at least 40 large-scale mining facilities across the US, employing over 20,000 people. Texas, Georgia, New York, and Ohio are particularly prominent locations.
Government and Institutional Influence
The US government itself holds around 198,000 Bitcoins – far more than other countries like the UK, China, or El Salvador.
It’s not just governments; major institutions are also heavily invested. Prestigious universities like Yale, MIT, Brown, and Harvard, along with insurance giants like MassMutual and TIAA, have all added Bitcoin to their portfolios. Top hedge funds like Citadel and Millennium are also significant Bitcoin holders.
In short, the US has become a Bitcoin superpower, dominating every aspect of the industry from mining to investment. At the time of this report, one Bitcoin was worth approximately $106,510.
