According to Arkham, the U.S. government holds 212,847 BTC, while the treasuries of the U.K. and Germany hold 61,245 BTC and 49,858 BTC, respectively.
The United States government is one of the biggest cryptocurrency holders alongside other global states like the United Kingdom and Germany, according to data from Arkham.
Arkham, a crypto intelligence platform focused on deanonymizing entities on the blockchain network, has introduced a dashboard featuring the governments with the largest crypto holdings.
Announcing the news on April 12, Arkham said that the United States, the United Kingdom and Germany are “some of the largest countries” in terms of crypto holdings.