Bitcoin: The US’s New Favorite Toy! 💰🚀

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So, it turns out the United States has been playing a little game of Monopoly, and guess what? They’ve just landed on Bitcoin Park Place! According to a new deep-dive by River, a Bitcoin services company based in San Francisco (because where else would it be?), the US now controls a whopping 40% of the entire Bitcoin supply. That’s right, folks! In dollar terms, we’re talking about “north of $790 billion.” That’s more than the GDP of some small countries! 💸

The Bitcoin Empire

But wait, there’s more! River’s analysts say that the US isn’t just hoarding coins like a dragon on a pile of gold. Nope! Publicly listed US firms hold a staggering 94.8% of all Bitcoin in corporate treasuries worldwide. And if that wasn’t enough, American organizations are responsible for 82% of global Bitcoin development funding. It’s like they’re the cool kids at the crypto playground, and everyone else is just trying to get a seat on the swings. 🏗️

Now, let’s talk about hashrate, which is basically the nerdy way of measuring how secure and committed you are to Bitcoin. And guess what? The US is flexing its muscles here too, generating 36% of global computational power. That’s enough to make any other country green with envy! 💪

Since 2021, these miners have pulled out $42.6 billion worth of shiny new Bitcoin, all while spending over $30 billion on fancy rigs and power contracts. This Bitcoin boom has created at least 40 industrial-scale sites, employing over 20,000 Americans. Who knew mining could be so lucrative? 🏭

“America is the global Bitcoin superpower,” the report boldly declares, complete with a map that looks like a treasure map, dotted with golden circles for company headquarters and triangles for large-scale mines. It’s like a scavenger hunt, but instead of candy, you find Bitcoin! 🍬

Texas, Georgia, New York, and Ohio are the new stars of the show, proving that energy-intensive computing is migrating to places where the electricity is cheaper than a cup of coffee. ☕

And let’s not forget about the US government, which controls about 198,000 coins. That’s nearly three times what the UK has and more than ten times what China, North Korea, or Bhutan can muster. El Salvador, bless its heart, holds a mere 6,000 coins, while Venezuela is barely in the game with 200. Talk about a power imbalance! 🌍

Institutional ownership is no longer just for hedge-fund hotshots. Ivy League schools like Yale, MIT, Brown, and Harvard are getting in on the action, along with big-name insurers like MassMutual and TIAA. It’s like the cool kids’ table just got a lot bigger! 🎓

And as of now, BTC is trading at a jaw-dropping $106,510. So, if you’ve got a spare change jar, you might want to consider investing! 💰

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2025-05-22 08:02