🚨 Governments are selling Bitcoin... Are they giving up the greatest opportunity in history?
Verified figures:
📉 Since the beginning of 2026, government holdings have fallen by 1,635 BTC, leaving 328,372 BTC in the U.S. alone, making it the largest sovereign whale, and 645,376 BTC in total government holdings.
The biggest story is Bhutan 🇧🇹:
From a peak of 13,000 BTC in October 2024 to just 518 BTC today—a 96% drop. The country sold more than $230 million this year to fund its budget.
Meanwhile... who’s accumulating?
🇰🇿 Kazakhstan: +3,544 BTC in its treasury
🇸🇻 El Salvador: ongoing daily purchases
🇺🇸 The U.S.: maintaining its lead despite the decline
The professional takeaway:
There are two models for managing a Bitcoin reserve:
1. The ATM model: sell when funds are needed (Bhutan)
2. The digital gold model: strategic accumulation for future generations (El Salvador and Kazakhstan)
The question isn’t who sold, but who will succeed in the long run?
Is Bitcoin emergency liquidity or a sovereign reserve?
Share your thoughts 👇
$ZEREBRO
$WAL
$BSP
#Bitcoin #BTC #BinanceSquare #CryptoNews
Verified figures:
📉 Since the beginning of 2026, government holdings have fallen by 1,635 BTC, leaving 328,372 BTC in the U.S. alone, making it the largest sovereign whale, and 645,376 BTC in total government holdings.
The biggest story is Bhutan 🇧🇹:
From a peak of 13,000 BTC in October 2024 to just 518 BTC today—a 96% drop. The country sold more than $230 million this year to fund its budget.
Meanwhile... who’s accumulating?
🇰🇿 Kazakhstan: +3,544 BTC in its treasury
🇸🇻 El Salvador: ongoing daily purchases
🇺🇸 The U.S.: maintaining its lead despite the decline
The professional takeaway:
There are two models for managing a Bitcoin reserve:
1. The ATM model: sell when funds are needed (Bhutan)
2. The digital gold model: strategic accumulation for future generations (El Salvador and Kazakhstan)
The question isn’t who sold, but who will succeed in the long run?
Is Bitcoin emergency liquidity or a sovereign reserve?
Share your thoughts 👇
$ZEREBRO
$WAL
$BSP
#Bitcoin #BTC #BinanceSquare #CryptoNews