
Why Britain Is Losing the Bitcoin Race to America
"NO LEVERS LEFT TO PULL" | A Former Credit Suisse Risk Officer on Bitcoin, Debt, and Digital Credit
Mark Connors spent 40 years in finance, from Salomon Brothers in 1986 to Global Head of Portfolio and Risk at Credit Suisse. Today through Risk Dimensions, he helps TradFi allocators think through Bitcoin. His conclusion after four decades: the debt treadmill never stops, and Bitcoin is the only terra firma left.
Government Bitcoin Holdings
Monitor government Bitcoin holdings globally. Track BTC reserves held by countries, states, and government agencies with detailed acquisition data.
BTC Held by Government Entities
649,901
Number of Government Entities
13
BTC Price
$78,090
Asset Dominance
Governments and Countries Ranked by Bitcoin Holdings
| # | Name | ||||
|---|---|---|---|---|---|
| 1 | 🇺🇸 | ₿ 328,372 | $25,643M | 1.564% | |
| 2 | 🇨🇳 | ₿ 190,000 | $14,837M | 0.905% | |
| 3 | 🇬🇧 | ₿ 61,245 | $4,783M | 0.292% | |
| 4 | 🇺🇦 | ₿ 46,351 | $3,620M | 0.221% | |
| 5 | 🇸🇻 | ₿ 7,653 | $598M | 0.036% | |
| 6 | 🇦🇪 | ₿ 6,420 | $501M | 0.031% | |
| 7 | 🇧🇹 | ₿ 4,973 | $388M | 0.024% | |
| 8 | 🇰🇿 | ₿ 3,544 | $277M | 0.017% | |
| 9 | 🇰🇵 | ₿ 803 | $63M | 0.004% | |
| 10 | 🇻🇪 | ₿ 240 | $19M | 0.001% | |
| 11 | 🇹🇼 | ₿ 210 | $16M | 0.001% | |
| 12 | 🇫🇮 | ₿ 90 | $7M | 0.000% | |
| 13 | 🇺🇸 | ₿ 0 | $0M | 0.000% | |
| 14 | 🇧🇬 | ₿ 0 | $0M | 0.000% | |
| 15 | 🇩🇪 | ₿ 0 | $0M | 0.000% | |
Total: | 649,901 | $50,751M | 3.095% | ||
Other Digital Assets Tracked
Distribution of Bitcoin Over Time
This chart shows the distribution of Bitcoin over time for all tracked entity groups.
Current Bitcoin Distribution
Visual representation of the Bitcoin supply, showing the distribution among all tracked entities.













