US Treasury Dumps Bitcoin: Government Holdings Slashed 12% in Nine Months
The US government just liquidated another chunk of its Bitcoin stash—because nothing says ’long-term strategy’ like panic-selling at the whims of political cycles.
Holdings dropped 12% since mid-2024, sparking debates about institutional crypto confidence. Was this a tactical unwind or another case of bureaucrats mistaking volatility for risk?
Meanwhile, Bitcoin’s price barely blinked—proving once again that decentralized networks outlast centralized knee-jerk reactions.
The Changes
At the moment, the US holds the largest Bitcoin reserve with a stockpile of 198,012 BTC, which dropped from its holdings in July 2024. This occurred due to the liquidation of the assets.
Currently, China has 194,000 BTC in its reserves despite the fact that crypto mining and trading are banned in the country. A great deal of their holding came from seizing assets from the 2019 PlusToken Ponzi scheme. The figure has remained constant since July 2024.
The third on the list is the United Kingdom, which has a stockpile of 61,000 BTC (~$5.6 billion), and these were acquired through seizures from criminals. The UK’s BTC reserve has remained constant.
Bhutan, which sits at the fourth on the list, has introduced 8,594 BTC into its reserves. The BTC stockpile was acquired through their mining farms, which is different from their counterparts that seized or bought BTC.
El Salvador, under the leadership of Nayib Bukele, has continuously added its BTC reserves. Currently, the country holds 6,135 BTC, from buying 1 BTC daily.
Could Bitcoin Reach an All-Time High in May?
Bitcoin climbed 11% between April 20 and April 26, maintaining strength as it hovered NEAR its two-month high of approximately $94,000.
This came after US President Donald Trump disclosed a potential reduction in trade tariffs. In the past five days, BTC exchange-traded funds (ETFs) got a net inflow of $3.1 billion. Another reason for this confidence may be linked to the S&P 500’s 7.1% weekly gain.
As a result, it is speculated that BTC may reach an all-time high in May, crossing the $100,000 threshold.
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