These 5 Countries Have 500,000 Bitcoins: The Loot of Criminal Miners Alone $BTC
More than 500,000 Bitcoin (BTC) are owned by the governments of a number of countries. Some countries have BTC from confiscated proceeds, but there are also countries that have BTC from routine purchases.Quoted from Bitcointreasuries.com as of July 9 2024, there are 539,182 BTC owned by the state and government. This figure is equivalent to 2.568% of the total BTC, namely 21 million, and is worth around US$31,232,038,746.
1. USA
The United States (US) is the country with the largest BTC holders in the world, namely more than 200,000 BTC.For your information, the US obtained a number of BTC not by making purchases, but by confiscating them from criminal acts.
2. El Salvador
El Salvador actively adopted Bitcoin, purchasing their first 200 Bitcoins, and making this cryptocurrency a legal means of payment in 2021.El Salvador has managed to collect more than 5,700 bitcoins through Bitcoin mining with Volcano Energy, selling passports, and purchasing one bitcoin per day.
3. China
Meanwhile, 190,000 Chinese BTC were obtained from the confiscation of the PlusToken Ponzi scheme in 2019.
4. England
The UK has 61,000 Bitcoins after a former takeaway worker tried to buy a luxury home worth GBP 23 million
5. Germany
Germany in January 2024 acquired 50,000 BTC from the operator of a website called movie2k, which was alleged to have carried out "unauthorized commercial exploitation of copyrighted works".The German government sold these confiscated Bitcoins to major crypto exchanges, namely Bitstamp, Coinbase and Kraken. This sale caused the price of bitcoin to fall drastically below US$ 55,000 on Friday (5/7), the lowest since February 2024 according to CoinGecko data.
