Sovereign Bitcoin adoption

630,006 BTC held by states · signal strength 76/100 (tailwind). As of 2026-07-25.

6 states hold ~630,006 BTC as reserves; 2 more have announced or proposed legislation. Sovereign demand is structural and policy-led, so it tends to precede flows.

Holder states

6

States in pipeline

2

USD value

$40,381,494,582

“Sovereign demand is the slowest-moving but stickiest bid in Bitcoin — states rarely sell on a red candle.”

This signal feeds the daily digest: CoinBucha Daily Brew →

How this is computed: methodology. Machine-readable: coinbucha.com/signals.json · MCP /api/mcp. Information, not financial advice.