Uncle Sam’s crypto wallet got a whole lot fatter this spring. The US government’s cryptocurrency holdings have climbed by more than $4 billion since April 1, cementing its position as the single largest state-level holder of Bitcoin on the planet.

Washington didn’t go on a shopping spree to get here. The vast majority of that increase stems from criminal forfeitures and seizures, not active market purchases.

How Washington became crypto’s biggest whale

As of February 2026, the US government held approximately 328,372 BTC. The holdings sit within two frameworks established under the Trump administration: the Strategic Bitcoin Reserve and the US Digital Asset Stockpile. The Strategic Bitcoin Reserve utilizes…