Bitcoin Becomes Government's Digital Gold: Crypto Landscape Sees Massive Winnowing

Global Government Bitcoin Holdings Decline, Crypto Market Reveals Stark Survival Rates
In a revealing snapshot of the cryptocurrency landscape, recent research from CoinGecko highlights the evolving dynamics of government Bitcoin investments and the challenging survival rates of digital assets.
As of April 2025, national governments collectively hold 463,741 Bitcoin, representing approximately 2.3% of the cryptocurrency's total circulating supply. This substantial portfolio is currently valued at an impressive $42.9 billion, reflecting the continued institutional interest in digital currencies.
Notably, this figure represents a significant reduction from the 529,591 Bitcoin held in July 2024, signaling a fluid and dynamic approach to cryptocurrency holdings among governmental entities.
Parallel to these government investment trends, CoinGecko's comprehensive analysis unveils a sobering reality in the broader cryptocurrency ecosystem. Since 2021, over 50% of the nearly 7 million cryptocurrencies listed on GeckoTerminal have effectively disappeared, with 3.7 million projects ceasing active trading.
These findings underscore the volatile and high-risk nature of the cryptocurrency market, highlighting the importance of strategic investment and thorough due diligence.