We knew these articles would be forthcoming. It was only a matter of time, with Bitcoin hitting an all time high, that crypto proponents would look at the United States Bitcoin holdings and see how much they are up.
President Trump was adamant about the future of Bitcoin when he took office. He blasted the practice of selling seized Bitcoin (crypt) for cash. Instead, he signed an Executive Order which set up a crypto strategic reserve, allowing the government to hold the assets.
Bitcoin, along with the rest of crypto, is on a run. This has caused those who are sitting on BTC to see their balances grow.
One of those HODLers is now the United States government.
The history of Bitcoin holders is a positive one. Over the long term, the leading crypto asset has generated superior returns as compared to other classes. Naturally, there is no guarantee in the future but, with all the attention, there is a good chance we see this trend continue.
In the present term, the jump was mighty impressive. One this one, Trump was correct.
Trump enacted the plan through an executive order on March 6, 2025, when bitcoin was trading around $90,000 per coin. Fast forward to today, and bitcoin is hovering at $121,756. That means the government’s cache of 198,012 BTC has ballooned by $6.95 billion since March 6.
Bitcoin is not the only asset where the government is benefitting.
The total value of the bitcoin stash now sits at $24.85 billion. In addition to its bitcoin holdings, the U.S. government also owns 59,951 ETH. Back on March 6, that ethereum pile was worth $131.91 million. As of July 14, the collective ether value has jumped to roughly $182.32 million.
A $7 billion jump in four months is mighty impressive. That would equate out to $21 billion over a year, not bad on a starting point of $18 billion. That is a greater than 100% return.
Of course, we cannot presume that we will see BTC at $180K by the end of the year although some project that.
Whatever the return, it is growing the asset base of anyone who has BTC (and ETH) on the balance sheets.
It is still early in the game.
Throughout the year, we saw a number of states within the US take up bills regarding having crypto reserves. The majority of them were shot down for one reason or another. A couple states passed the bills, getting them signed into law.
At this point, it is likely too early for them to have realized much in the way of a gain.
However, if we see the US government numbers jumping, some will start to question why they are not participating. Politicians who turned down the opportunity will certainly be questioned. Their decision could end up costing their states billions of dollars.
We will reach a time when FOMO does kick in. Companies are also looking in this direction although, like the states, a number of large firms turned it down. The difference is that, with the corporations, it was the shareholders voting it down.
As noted on a number of occasions, we are seeing the idea of Ethereum being used as a treasury item, being added to corporate balance sheets. Thus far, there is a large gap with BTC in this regard but it is gaining momentum.
Focusing upon Bitcoin, if the price hits $250K, which many believe is possible, that would put the US holdings at $50 billion, presuming no more coins are added. That is a healthy amount of money, even for the USG.
So the question is, at what point, does the FOMO within other government entities kick off. When do other countries, provinces, and states say "we want in". Thus far, at the national level, only a few countries are actively amassing BTC.
My guess is more will join in.
