US Government Holds Over $30B in Cryptocurrency, Mostly Bitcoin

Data from Arkham shows the US government’s crypto reserves consist mainly of Bitcoin, alongside significant holdings in Tether and Ethereum.

BTC

ETH

USDT

66d ago

Summary

The US government holds $30.7 billion in cryptocurrency, including 328,372 BTC valued at $29.99 billion, 351 million USDT, and 62,741 ETH worth $198 million, according to Arkham data. Bitcoin accounts for roughly 97% of the total holdings, underscoring the government’s heavy concentration in the leading cryptocurrency.

Terms & Concepts

Cryptocurrency: A digital asset using cryptographic techniques to secure transactions and control the creation of new units.
Bitcoin: The first and largest cryptocurrency, operating on a decentralized blockchain network.
USDT (Tether): A stablecoin pegged to the US dollar, widely used for trading and transfers in the cryptocurrency market.