#2 Government 🇨🇳 China

China

BTC Holdings

â‚¿190,000

As of Jan 4, 2024
BTC Value
$11.6B
Holdings BTC vs USD value
â‚¿190,000
$11.6B USD value · as of Jun 10, 2026
BTC Holdings (left)
USD Value (right)
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Historical Holdings

About China

China's relationship with Bitcoin has been complex and evolving. Initially, the country emerged as a significant player in the Bitcoin ecosystem, with Chinese exchanges accounting for a substantial portion of global trading volume. Additionally, China's abundant and inexpensive electricity made it a hub for Bitcoin mining, contributing to a significant share of the network's total hash rate.

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