42% of Bitcoins Held by Americans

In the United States, 18% of the population owns Bitcoin, representing 42% of all Bitcoins, while the country accounts for only 4% of the global population. A study by River, published on July 7, reveals that 49.6 million American adults own Bitcoin, compared to 28.8 million for gold. Additionally, 37.5% of the global Bitcoin hash rate is located in the United States, more than the combined total of the next five countries. American publicly traded companies hold 1.24 million BTC, which is 92.7% of the Bitcoins held by public companies worldwide. The U.S. government also owns 328,372 BTC, nearly three times more than all other governments combined. These figures highlight the concentration of Bitcoin in the hands of American intermediaries, raising questions about decentralization and potential risks in the event of theft or regulatory pressure.

Disclaimer: This content is provided for general branding and informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online events, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets or to use any services. Crypto assets are highly volatile and may result in loss. WEEX services and online events may not be available in all regions and are subject to applicable laws, regulations, and eligibility requirements. You are responsible for ensuring that your use of WEEX services complies with local laws and for carefully assessing the risks before participating in any crypto-related activities.