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Global Bitcoin Holdings Drop in 2025: Pakistan Steps In with Bold Reserve Plan

  • Pakistan has announced plans to establish a national Bitcoin strategic reserve, joining a growing cohort of governments experimenting with digital assets.
  • Global government Bitcoin holdings dropped to 463,741 BTC as of April 2025, with the U.S., China, and the U.K. leading in crypto holdings despite recent liquidations.
  • The U.S. holds the largest government-held Bitcoin reserve, followed by China and the U.K., while Pakistan's move mirrors that of El Salvador in gradually accumulating and strategically storing BTC.
  • Government Bitcoin holdings come from seizures, mining, purchases, and donations, with examples like Germany selling BTC to alleviate budget pressures and Ukraine converting donated BTC for humanitarian aid.

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