Americans own about 40% of all available Bitcoin, making the U.S. the global leader in adoption

A recent report by River, in collaboration with the Nakamoto Project, highlights how dominant the United States is when it comes to Bitcoin ownership.

A recent report by River, in collaboration with the Nakamoto Project, sheds light on the dominant role of the United States in Bitcoin ownership. The report, which analyzed data from various sources, including the Federal Reserve, the U.S. Census Bureau, and the Nakamoto Project, provides valuable insights into the American cryptocurrency landscape.

The study found that Americans own about 40% of all available Bitcoin, making the U.S. the global leader in Bitcoin adoption. This finding is particularly noteworthy given the widespread belief that China is the dominant force in cryptocurrency. However, the report reveals that China's Bitcoin ownership is estimated to be around 15%, while Europe, Oceania, and Asia have a combined ownership rate of 13%.

According to recent data, 14.3% of the U.S. population owns Bitcoin, making the country the largest holder of the asset globally. To put this number in perspective, it’s worth noting that the combined ownership rates for Europe, Oceania, and Asia are lower than the U.S. at 13%.

The study also provides insights into the American demographic groups who are more likely to own digital assets. Surprisingly, citizens who identify as "very liberal" or "Neutral" are more likely to own BTC than conservatives—although conservatives still represent a significant portion of American holders.

The majority of BTC owners in America are males aged 41-45 and 31-35. The study suggests that 3% to 41% of that age group now owns Bitcoin in the United States.

River's analysis further highlights a substantial shift in American politics, with a majority of Senators and members of the House of Representatives now expressing support for pro-Bitcoin policies.

The report reveals that 59% of the Senate is considered "pro-Bitcoin." An even larger chunk of Bitcoin-friendly politicians now resides in the House of Representatives, with 66% of House members supporting pro-Bitcoin policies. This shift in political attitude is a clear indication of the increasing mainstream acceptance of Bitcoin in the U.S.

As Bitcoin continues to gain traction, it is effectively becoming the preferred reserve asset for Americans. While this title was held by gold for decades before that—today 50 million Americans favor holding BTC, while only 37 million still prefer holding the precious metal.