U.S. government, 20.9 billion dollars worth of cryptocurrency holdings... Bitcoin mostly

The American government holds a total of 20.9 billion dollars worth of cryptocurrency, of which 20.4 billion dollars are composed of Bitcoin. The Washington Post reported this information citing data from the blockchain analysis company Chainalysis.

The cryptocurrencies held by the government are mostly composed of assets seized during criminal investigations and enforcement processes, and they are stored in 20 cryptocurrency wallet addresses. Although Bitcoin accounts for an overwhelming proportion, some addresses also include Ethereum and Stablecoins.

This report is evaluated as another case confirming that the U.S. government is one of the largest Bitcoin holders in the world. Especially as recent federal officials regard Bitcoin as a strategic asset and imply a long-term holding policy, the government's actual holdings are drawing attention among investors.