Overview

• The Bitcoin Policy Institute counts 32 countries pursuing official Bitcoin exposure, with 27 already active and 13 advancing proposals.
• Strategic Bitcoin Reserves are the most common pathway in 16 countries, following a U.S. executive order that set retention rather than liquidation of seized coins.
• Government-backed mining ranks second at 14 countries, with 10 tying accumulation to energy contracts in nations such as Argentina, Bhutan, Ethiopia, Russia, the UAE and Venezuela.
• Seven governments hold seized Bitcoin without selling it, including Bulgaria, China, Finland, Georgia, India, the United Kingdom and Venezuela.
• Fiscal integration is growing, as Panama City, Swiss cantons, Dubai and Colorado accept certain taxes in Bitcoin, while pension and sovereign funds add or explore exposure.