As many retail investors begin to lose confidence, the United States government is drawing attention to its vast Bitcoin holdings.
As of February 17, Bitcoin is down 1.4% over the past 24 hours and is trading around $67,996.
Over the past month it has lost more than 28% of its value and continues to do so failed several times to rise above the key USD 70,000 level. This has made many investors nervous.
However, facts from Arkham Intelligence shows something surprising. Despite the market panic, the US government still owns approximately 328,372 BTC, worth approximately $22.5 billion.
To which Arkham commented:
“The US government is bullish on Bitcoin.”
What’s behind this shift?
Under US President Donald Trump, the country has taken a more supportive approach.
The US has started dealing with Bitcoin [BTC] as a strategic asset and has made plans to store its assets in a permanent Digital Asset Stockpile.
Data from Bitbo shows that the US now owns more Bitcoin than any other country, followed by China and Ukraine.
Meanwhile, according to Chain analysisIndia ranked first in crypto adoption for the third year in a row in 2025. This means millions of Indians are using crypto. However, the rules surrounding it are still unclear.
Source: World Population Review
This issue was recently discussed in the Rajya Sabha during the debate on the Union Budget 2026-2027. MP Raghav Chadha criticized the government for making money from crypto users without providing them with clear legal protections.
While India leads the way in terms of user numbers, the US is focusing on building strong institutions around crypto.
Institutional interests in Bitcoin are also increasing
At the same time, interest in Bitcoin ETFs is growing again.
On February 15, ETFs included $15.1 million in inflow, Push their total value almost $100 billion since launch. This shows that major investors still have confidence in Bitcoin.
Simply put, while prices may seem weak today, the biggest players are thinking about tomorrow.
However, it is important to note that the excitement at the start of 2026 has now cooled. A new report from CoinShares shows that crypto investment products have seen money disappear from the market for four weeks in a row.
Therefore, it is not yet clear whether this phase is just a short ‘crypto winter’ or a necessary correction before the next rise. What is clear is that crypto is now part of a serious global financial strategy.
Final summary
- Under chairman Donald Trumpthe US is shifting from doubt to a strategic approach to Bitcoin.
- By holding billions in seized Bitcoin, the US has quietly built up one of the world’s largest reserves of digital assets.