As Bitcoin adoption expands beyond retail investors and financial institutions, governments are increasingly adding it to their national reserves. This trend signifies a significant shift in the geopolitical landscape surrounding cryptocurrency. According to recent data, the United States currently boasts the highest known holdings of Bitcoin among nation-states. The U.S. government’s reported possession of over 200,000 BTC has been attributed to confiscations from criminal activities. 2nd in line is China, with holdings stemming from seized crypto assets during crackdowns on illicit activity. While not officially designated as reserves, China’s control of a substantial portion of Bitcoin, estimated at around 190,000 BTC, remains undeniable. 3rd on the list are the United Kingdom, known for seizing large amounts of Bitcoin from cybercrime investigations, and Germany with confirmed holdings of tens of thousands of BTC. While El Salvador stands out as the only nation to legally make Bitcoin legal tender and actively purchase it for reserves, other nations like Argentina, Turkey and Nigeria, facing currency devaluation, are increasingly being viewed as potential Bitcoin adopters. Additionally, smaller, tech-forward countries such as Liechtenstein or Panama, which seek to enhance financial innovation and global recognition, may also explore Bitcoin adoption. This shift in government attitudes is a reflection of Bitcoin’s growth and the desire for geopolitical leverage in a crypto-driven economy.