Bitcoin Adoption Is Shifting From Individuals to Governments, Says Crypto Analyst — Nation-State Holdings Jump as US Leads With Nearly $28 Billion in BTC
Cryptocurrency analyst Willy Woo said on Monday that Bitcoin (CRYPTO: BTC) adoption by nation-states “outsripped” individual ownership. Nation-State BTC Ownership Surges Woo cited a chart from Bitcoin-native company River showing that the number of countries holding Bitcoin rose from two in 2016 to as many as 23 in 2025. The report found that individuals reduced their Bitcoin holdings by 696,000 BTC in 2025, while nation-states added 135,000 BTC in the same year. River projected individual Bitcoin ownership to decline further by 2036, while government and corporate holdings are expected to grow significantly. Woo noted that approximately 5% of the global population owns Bitcoin, with 12% of countries actually owning some and 8% of nations having policies to acquire or hold it. Little known fact… BTC popularity among nation-states has outstripped individuals: 5% of the world population own BTC 8% of nations have a policy to acquire/hold BTC pic.twitter.com/hHJrBKfoDW — Willy Woo (@willywoo) October 5, 2026 Read Also: Is Strategy's Bitcoin Machine Broken? Peter Schiff Says It Is US Leads the Pack The U.S. government holds 324,527 BTC, worth nearly $28 billion, according to on-chain a
Cryptocurrency analyst Willy Woo said on Monday that Bitcoin (CRYPTO: BTC) adoption by nation-states “outsripped” individual ownership. Nation-State BTC Ownership Surges Woo cited a chart from Bitcoin-native company River showing that the number of countries holding Bitcoin rose from two in 2016 to as many as 23 in 2025. The report found that individuals reduced their Bitcoin holdings by 696,000 BTC in 2025, while nation-states added 135,000 BTC in the same year. River projected individual Bitcoin ownership to decline further by 2036, while government and corporate holdings are expected to grow significantly.
Woo noted that approximately 5% of the global population owns Bitcoin, with 12% of countries actually owning some and 8% of nations having policies to acquire or hold it. com/hHJrBKfoDW — Willy Woo (@willywoo) October 5, 2026 Read Also: Is Strategy's Bitcoin Machine Broken? S. government holds 324,527 BTC, worth nearly $28 billion, according to on-chain analytics firm Arkham, with the majority seized from criminal and civil forfeiture proceedings.
K. Trump signed the executive order to create a Strategic Bitcoin Reserve last year, funding it entirely with BTC already held through criminal and civil asset forfeiture. The order directed the Treasury and Commerce Departments to find budget-neutral ways to acquire more BTC. 10% in the last 24 hours to $85,905, according to Pro.
Read Also: This Company Just Became the World's 2nd-Largest Bitcoin Hoarder and It Has More BTC Than Tesla, SpaceX and Coinbase Photo Courtesy: Victor Sanchez G on Shutterstock