India Claims #2 Spot in Global Bitcoin Holdings – Controls 5% of Total Supply
Move over, Wall Street—India’s crypto revolution is here. The country now ranks second worldwide in Bitcoin ownership, hoarding a staggering 5% of the entire supply. Forget gold; digital is the new ancestral treasure.
Retail frenzy or institutional play? While traditional finance scrambles to regulate, Indian investors are stacking sats like there’s no tomorrow. No surprise—when fiat currencies wobble, Bitcoin’s hard cap looks mighty appealing.
And let’s be real: if banks offered half the returns of crypto, they’d still find a way to charge fees for it. The irony? India’s 5% slice of the Bitcoin pie might just outlast the rupee’s purchasing power.
Locals Advocating for Bitcoin in India
While Bitcoin’s popularity is gaining worldwide, India may take more serious steps toward Bitcoin adoption. Pradeep Bhandari, national spokesperson of India’s ruling party BJP, has urged the Indian government to consider building a Strategic Bitcoin Reserve. This is similar to the U.S., which recently converted seized BTC into a sovereign reserve. Bhandari says this is a smart MOVE to prepare India for the future of global finance.
Even Indian companies are starting to get involved. Mumbai-based tech training firm Jetking Infotrain is among the first Indian companies to go big on Bitcoin. It raised over ₹6 crore this year to buy BTC and now holds 21 Bitcoin worth nearly ₹19 crore. The company also announced a plan to acquire 21,000 Bitcoin by 2032.
Global Bitcoin Spread
Outside the United States and India, Bitcoin ownership is moderately fragmented in other regions. Europe holds around 0.9 million BTC, which constitutes 4.6% of the overall supply. China’s government holds about 0.194 million BTC, which largely comprises confiscated and idle assets.
Other Asian regions like Japan, South Korea, and Southeast Asia hold 0.4 million BTC, which is approximately 2.1% of total holdings, similar to Latin America. Africa and other areas share a combined holding of 0.3 million BTC (1.5%), showing growing but still low adoption.
Also Read: Bitcoin Mining Difficulty Hits Record 127.6T, Slight Drop Expected
