Bitcoin statistics.Where are Bitcoins now?

[zasad@]

Government entities prove to be long-term holders
https://www.msn.com/en-us/money/economy/taiwan-explores-launching-national-btc-reserve-with-confiscated-crypto/ar-AA1QlQuV
Government entities hold an estimated 644,342 BTC, mostly seized from crypto-related crackdowns. The few exceptions are El Salvador and Bhutan, who have accumulated BTC from a mix of buying and mining.

The current holdings of government entities surpass the treasury of Strategy. Government holdings are usually acquired at an extremely low cost basis, and there is no pressure to sell. Often, some of the seized BTC are still contentious, and some may be inaccessible despite court documents.

There is currently no data on BTC controlled by Taiwan. China already holds 190,00 BTC, but does not consider the coins a part of a deliberate strategy.

[zasad@]

Is Venezuela hiding a 600K Bitcoin reserve? Analysts remain unsure
https://www.msn.com/en-us/money/markets/is-venezuela-hiding-a-600k-bitcoin-reserve-analysts-remain-unsure/ar-AA1TFK7n

"The US capture of Venezuelan President Nicolás Maduro has renewed questions over whether Venezuela holds an undisclosed Bitcoin reserve, which analysts say remains unproven.

On Saturday, investigative journalist Bradley Hope outlined a theory that Venezuela may be holding a hidden Bitcoin (BTC) reserve worth up to $60 billion, claiming that its government has been converting gold into cryptocurrency over several years.

“Sources describe a Swiss lawyer who controls wallet access,” Hope said in a co-authored report published by the investigative newsletter Whale Hunting, raising questions about the alleged involvement of Alex Saab, Venezuela’s minister of industry and national production, who has been sanctioned by the US.

Although Hope’s theory was quickly picked up by the media, major blockchain intelligence platforms have yet to find proof of Venezuela’s undeclared Bitcoin holdings."


Previously
Skeptics dismiss claims of Venezuela's 600K BTC shadow reserve as US rumors
https://www.msn.com/en-us/money/markets/skeptics-dismiss-claims-of-venezuelas-600k-btc-shadow-reserve-as-us-rumors/ar-AA1TBMxE