A recent report by River, in collaboration with the Nakamoto Project, highlights how dominant the United States is when it comes to Bitcoin ownership. According to the report, Americans own about 40% of all available Bitcoin, making the U.S. the global leader in Bitcoin adoption.
According to recent data, 14.3% of the U.S. population owns Bitcoin, making the country the largest holder of the asset globally. This percentage surpasses the combined ownership rates of Europe, Oceania, and Asia, highlighting America’s dominance in Bitcoin holdings.
The study allows us to get a glimpse at what the American demographic is more likely to own digital assets. Surprisingly, citizens who identify as “very liberal” or “Neutral” are more likely to own $BTC than conservatives—although conservatives still represent a significant portion of American holders.
The majority of BTC owners in America are males aged 41-45 and 31-35. The study also suggests that 3% to 41% of that age group now owns Bitcoin in the United States.
River also highlights an important shift in American politics. Today, 59% of the Senate is considered “pro-Bitcoin.” An even larger chunk of Bitcoin-friendly politicians now resides in the House of Representatives, with 66% of House members supporting pro-Bitcoin policies.
Bitcoin is also moving forward to effectively become the preferred reserve asset for Americans. While this title was held by gold for decades before that—today 50 million Americans favor holding $BTC, while only 37 million still prefer holding the precious metal.
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