How different governments manage their bitcoin assetsHow different governments manage their bitcoin assetsHow different governments manage their bitcoin assets

Countries such as the United States, the United Kingdom, Germany and El Salvador have significant bitcoin holdings, each with a different approach to managing their digital assets.

The U.S. government holds the largest bitcoin portfolio, valued at an estimated $12 billion. It's worth noting that most of these assets were obtained through seizures in high-profile criminal cases, such as the shutdown of the Silk Road darknet site in 2013.

Typically, U.S. authorities sell confiscated bitcoins by auction, but recent events have signaled a shift toward a more market-based approach, including over-the-counter (OTC) sales. However, the timing of future sales remains unclear, as the US government typically keeps its plans secret to prevent market manipulation.

UK authorities hold about $3.3 billion worth of bitcoin assets, and much of that is also tied up in law enforcement activities. The United Kingdom does not like to advertise its plans, but it is known that the country's tax authorities have also previously auctioned confiscated cryptocurrency.

Recently, Germany's bitcoin assets, valued at around $2.2 billion, attracted media attention, all because the country's government decided to sell more than $1 billion worth of confiscated cryptocurrency through over-the-counter transactions. This move is under the scrutiny of market participants, as previously German authorities preferred to store confiscated digital assets