Bitcoin News

Story: U.S. Holds 42% of Global Bitcoin, River Highlights Unprecedented Concentration

By Jean-Luc Maracon

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49 Million Americans Own Bitcoin. The number of American adults with bitcoin: 49.6 million. That's 18.

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The U.S. Government, a Surprise Holder. Less known to the general public, but just as significant: the U.S.

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Mining: 37.5% of Global Power. The United States not only dominates holding. It also dominates production.

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Americans hold 42% of all bitcoins in circulation. That's the figure revealed by River in a recent study, and frankly, it's massive. Of the 20.

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There are 950,000 bitcoins left to mine. Out of a total of 21 million. Needless to say, the bulk of the pie is already distributed, and Americans have taken the largest slice.

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The number of American adults with bitcoin: 49.6 million. That's 18.6% of the adult population in the country. For comparison, only 10.8% of Americans own gold.

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As for publicly traded companies, the figures are even more striking. U.S. listed companies hold 1.24 million bitcoins. That's 92.

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Strategy, led by Michael Saylor, dominates this segment. Over 840,000 bitcoins in its vaults. Alone, Strategy represents a massive share of this 1.24 million.

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Less known to the general public, but just as significant: the U.S. government holds 328,372 bitcoins.

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This figure represents almost three times the total bitcoins held by all other governments combined.

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Related reading: Michael Saylor launches 953 hours of mandatory reading to grasp Bitcoin

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This creates a somewhat bizarre situation. The American state, often perceived as hostile or wary of bitcoin, is actually one of the largest institutional holders on the planet.

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Donald Trump has mentioned the idea of making the United States "the bitcoin capital of the world.

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The United States not only dominates holding. It also dominates production. The country concentrates 37.5% of the global computing power dedicated to bitcoin mining.

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Two factors explain this: the relatively low cost of electricity in several American states and a political environment rather favorable to the sector in recent years.

The Currency Analytics

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