U.S. Bitcoin Dominance: Over 40% of Total Supply Held by Analyzed Entities Within America
In the dynamic world of cryptocurrency, the geographical distribution of Bitcoin holdings offers a fascinating insight into the global adoption of this digital asset. As of mid-2025, the estimated distribution is as follows:
United States
The United States holds the largest single country share at about 19% of the global Bitcoin supply. This dominance is driven by institutional investors, crypto-friendly financial centers, and recent government acquisitions, such as a strategic reserve of over 200,000 BTC.
China
China controls about 16% of total Bitcoin holdings, despite its domestic ban on crypto trading and crackdowns. Many coins remain dormant from earlier activities including mining and scam seizures.
Europe
Europe, led by Germany, holds roughly 10% of the global Bitcoin supply. Other European nations like the UK and Ukraine also hold notable reserves, though much smaller than Germany or the US.
Russia
Russia possesses about 8% of Bitcoin globally, making it another significant holder.
Latin America
El Salvador, with its adoption of Bitcoin as legal tender in 2021, holds over 6,200 BTC. Broader regional data is less precise, but Latin America is gaining interest due to economic factors.
Asia (excluding China)
India and countries like Japan are significant crypto markets with rising usage, but explicit Bitcoin holding percentages are not stated in the data. China accounts for most Bitcoin holdings recorded for Asia.
Africa
Data on Bitcoin holdings in Africa is limited, but smaller jurisdictions such as Anjouan (Comoros) are emerging as crypto gambling hubs, indicating growing crypto usage.
Other Regions
Smaller countries and regions hold minor portions, for instance Bhutan (~11,000 BTC), Georgia (~66 BTC). These holdings are minimal compared to major players.
The United States and China together hold roughly 35% of all Bitcoins, with Europe (led by Germany) and Russia adding another approximately 18% combined. Other regions hold smaller, less precisely measured amounts.
The mix of companies holding Bitcoin spans from miners to financial services, showing how varied corporate interest has become. Notable companies include Strategy, Marathon Digital Holdings (MARA), and XXI Capital in the US, and Bitcoin Standard Treasury Company, and Riot Platforms.
The list of countries holding Bitcoin continues to grow, with notable additions such as the US President Donald Trump Media & Technology Group Corp., owning 18,430 BTC.
Despite a murky regulatory landscape, India's crypto holdings continue to grow, with the country having more holders than Europe. India holds approximately 1 million Bitcoin, or 5% of the supply, worth about $120 billion at the same price point. The UK ranks third with 61,000 BTC, Ukraine fourth at 46,000 BTC.
In July, US Bitcoin ETFs saw net inflows of $6 billion, which was the third-strongest month ever for these products. Smaller players like Bhutan, El Salvador, and Finland hold between 5,000 and 10,000 BTC.
As Bitcoin's overall supply is decentralized and pseudonymous, precise holdings by country are estimates based on available wallet and exchange data combined with known institutional and sovereign reserves.
Investing in Bitcoin shows a significant interest in technology among corporations, with notable companies like Marathon Digital Holdings (MARA) and Riot Platforms in the US actively engaging. Additionally, technology plays a pivotal role in finance as country holdings of Bitcoin, such as those in the United States and India, are becoming increasingly reliant on advanced blockchain platforms for managing and trading these digital assets.
