A recent research report by River has revealed some astonishing facts about Bitcoin.
A recent research report by River has unveiled some astonishing facts about Bitcoin, particularly focusing on US involvement in the cryptocurrency sphere.
The most stunning fact is that 40 per cent of all Bitcoin is owned by US citizens. When it comes to institutional holdings, the figure is even more striking: 94.8 per cent of corporate Bitcoin holdings are held by US companies – which surely has something to do with Michael Saylor’s Strategy.
The US as a country also accounts for a whopping 65.3 per cent of “nation-state” Bitcoin holdings, according to the report.
Bitcoin Is an Asset for All
Given this disproportionately high US adoption, River observes that while Bitcoin is for everyone, “Americans are uniquely positioned to further their economic success and global leadership by embracing their current advantage in Bitcoin adoption”.
This has led to US$790 billion (AU$1.2 trillion) of “wealth creation within the United States” since the Bitcoin Whitepaper was first released 17 years ago in 2008.
Read also: California Investor Sues Strategy
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
