Report Reveals Americans Dominate Global Bitcoin Ownership


  • River research shows Americans own 40 per cent of all Bitcoin, with US companies holding 94.8 per cent of corporate Bitcoin and the US claiming 65.3 per cent of nation-state holdings.
  • While Bitcoin ownership spans diverse demographics regardless of race, income or politics, 14.3 per cent of Americans own Bitcoin compared to around 3.5 per cent in other regions.
  • Thirty-two American public companies with a combined market cap of US$1.26 trillion currently hold Bitcoin as treasury assets, representing significant institutional adoption.
  • Thirty-six US states have introduced pro-Bitcoin measures, with Arizona and New Hampshire recently enacting Bitcoin Reserve bills, positioning America for continued leadership in adoption.

A recent research report by River has revealed some astonishing facts about Bitcoin.

The most stunning fact is that 40 per cent of all Bitcoin is owned by US citizens. When it comes to institutional holdings, the figure is even more striking: 94.8 per cent of corporate Bitcoin holdings are held by US companies – which surely has something to do with Michael Saylor’s Strategy.

The US as a country also accounts for a whopping 65.3 per cent of “nation-state” Bitcoin holdings, according to the report.

Bitcoin Is an Asset for All

Given this disproportionately high US adoption, River observes that while Bitcoin is for everyone, “Americans are uniquely positioned to further their economic success and global leadership by embracing their current advantage in Bitcoin adoption”.

This has led to US$790 billion (AU$1.2 trillion) of “wealth creation within the United States” since the Bitcoin Whitepaper was first released 17 years ago in 2008.

Read also: California Investor Sues Strategy, Alleges Executives Misled on Bitcoin Treasury Profits

This means that 14.3 per cent of the US population own BTC, compared to just 3.4 per cent in Europe, 3.6 per cent in Asia and 3.3 per cent in Oceania including Australia.

Bitcoin ownership by region, source: River

According to the report, it’s also not just tech nerds that own the coin. In fact, ownership spreads relatively equally across the population, regardless of race, religion, income, education or political affiliation.

But there’s still a large gender gap:

Bitcoin is accessible to everyone; you don’t need to be wealthy or an accredited investors to participate in its potential. However, bitcoin is more commonly owned by younger generations and males.

River
Bitcoin’s gender and age gap, source: River

US States Advance Reserve Agenda While Companies Lead with Holdings

River also found out that 32 American public companies – with a combined market cap of US$1.26 trillion (AU$1.95 trillion) – currently hold Bitcoin as a treasury asset.

According to data from Bitcoin Treasuries, all public companies combined (including non-US firms) hold around 795,971 BTC, at a current value of US$84.9 billion (AU$131.9 billion).

River’s research also shows that 36 US states have introduced “pro-Bitcoin measures”. Recently Arizona and New Hampshire have enacted Bitcoin reserve bills.

Several US states are working on Bitcoin reserves, source: River

Arizona’s governor initially rejected a proposal but later approved a second bill that, rather than using taxpayers’ money to buy crypto, allows the state to claim unclaimed digital assets. New Hampshire became the first US state to establish a Bitcoin reserve, and several others are advancing similar initiatives.

Related: Aussie Judge Rules Bitcoin Is Cash, Puts ATO’s Crypto Taxation on Notice



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