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

• Pakistan joins the list of nations establishing a Bitcoin strategic reserve.
• Global government Bitcoin holdings dropped to 463,741 BTC as of April 2025.
• U.S., China, and the U.K. still lead in crypto holdings despite liquidations.

Pakistan has announced plans to establish a national Bitcoin strategic reserve, a move that puts the country among a growing cohort of governments experimenting with digital assets.

The decision follows a detailed study by CoinGecko, which found that as of April 2025, governments hold a total of 463,741 BTC, approximately 2.3% of the total circulating supply. This marks a significant decline from July 2024, when it was pegged at 529,591 BTC, highlighting increased adoption and opportunistic selling by different states.