The United States is working to become the global leader in Bitcoin and broader digital assets. Federal policies, corporate adoption, and state‑level initiatives all contribute to this effort. Supporters of Bitcoin shed light on its fixed supply and high security, giving businesses and investors several opportunities.
Analysts estimate that about 40% of all Bitcoins are held in the United States, and almost one in seven Americans owns Bitcoin. These factors, together with an emerging regulatory framework, explain why observers describe the United States as the Bitcoin Powerhouse of the world.
Federal Strategy and Reserves
A prominent event connecting America with cryptocurrency would be the establishment of the Strategic Bitcoin Reserve by President Donald Trump in March 2025, along with the United States Digital Asset Stockpile. The order highlighted Bitcoin’s fixed supply at 21 million coins and called it “digital gold”.
The Order instructs the Treasury to centralize all government‑held Bitcoin into a strategic reserve, prevent its sale, and acquire more coins without burdening taxpayers. At the same time, Congress has considered the BITCOIN Act, which would require the Treasury to buy one million Bitcoins over five years, hold them for at least 20 years, and store them in a decentralized network of secure facilities. The measure also instructs Federal Reserve banks to use surplus earnings to purchase Bitcoin.
Federal agencies have paired these stockpile plans with broader policy initiatives. In early 2025, the White House established a Presidential Working Group on Digital Asset Markets, which released a report that calls for a “fit‑for‑purpose” market structure to promote innovation and protect consumers. Its recommendations include giving the Commodity Futures Trading Commission (CFTC) authority over spot markets for non‑security digital assets, expanding safe‑harbor and sandbox programs to bring products to market faster, and modernizing bank regulation for digital assets.
On the parallel, the CFTC upgraded and by August, the agency announced the adoption of Nasdaq’s advanced surveillance technology platform. This system strengthens its ability to detect fraud, manipulation, and abusive trading practices across traditional and digital asset markets. Officials said the platform provides automated alerts and cross-market analytics, enhancing investor protection and ensuring integrity as Bitcoin markets expand.
Related: CFTC Seeks Public Feedback on Spot Crypto Trading Rules
CLARITY Act Expands CFTC Oversight of Digital Assets
The report highlighted that widespread use of dollar‑backed stablecoins will strengthen the U.S. dollar and emphasized the need to implement the newly enacted GENIUS Act. Initiated in July 2025, the GENIUS Act is the first federal framework for payment stablecoins, requiring issuers to hold 100% reserves in dollars or short‑term government assets and submit monthly disclosures. Also, issuers must comply with anti‑money‑laundering and know‑your‑customer (KYC) rules.
The CLARITY Act, which is awaiting Senate approval, clarified that CFTC allows tokens to transition from securities to commodities as their blockchains mature. Treasury Secretary Scott Bessent said these measures end a previous “war on crypto” and provide the clarity needed to build a “crypto capital of the world.”
Federal regulators also continue to adjust market rules. On 29 July 2025, the Securities and Exchange Commission (SEC) approved orders permitting in‑kind creation and redemption for crypto asset exchange‑traded products (ETPs). The SEC explained that the decision brings crypto exchange‑traded products in line with other commodity‑based products, thus reducing costs for investors.
Chairman Paul Atkins said the move is part of a push to develop a “fit‑for‑purpose regulatory framework for crypto asset markets”. These regulatory actions complement earlier approvals of eleven spot Bitcoin ETFs, which made it easier for retail and institutional investors to access Bitcoin through traditional brokerage platforms.
Corporate Holdings and Market Leadership
President Trump’s executive order in March 2025 created a Strategic Bitcoin Reserve using BTC seized in criminal and civil forfeiture proceedings. As of August 2025, the United States holds approximately 198,000 BTC valued at $15 billion to $20 billion, and a majority of the assets are from major seizures like the Bitfinex hack and Silk Road-related cases.
U.S. corporations have been instrumental in boosting America’s Bitcoin influence. A July 2025 analysis finds that thirty‑two U.S. publicly traded companies hold Bitcoin as a treasury asset, representing 94.8 % of all Bitcoin held by public companies worldwide. Collectively, those firms hold about 733,000 BTC, compared with roughly 40,000 BTC held by publicly listed companies.
Major holders include Strategy (formerly MicroStrategy) with 628,791 BTC worth more than $70 billion, MARA Holdings (50,000 BTC), XXI (43,514 BTC), and Trump Media & Technology Group (19,225 BTC). These companies view Bitcoin as a hedge against inflation and currency devaluation, and their large holdings make them essential players in the Bitcoin market.
U.S. Bitcoin Mining Dominance Strengthens After China’s Exit
Mining also highlights the leadership in the US. After China restricted mining in 2021, the United States became the world’s mining hub, and recent data pointed out that U.S. miners generate 38% of all new Bitcoin, and the nation’s share of the global mining hashrate has risen by over 500% since 2020.
In states like Texas, where energy is abundant and regulations are friendly, large-scale mining activities are being conducted. Mining firms such as MARA and Riot Platforms have large plant operations in such states, benefiting from tax abatement and low-cost power. With these operations, a considerable percentage of new Bitcoins is circulated by U.S. businesses, which strengthens the American presence in the Bitcoin ecosystem.
Regulated Funds Expand Depth
The superpower narrative is also backed by institutional investment vehicles. The SEC’s authorization of the use of spot Bitcoin ETFs in January 2024 has made Bitcoin exposure accessible to mainstream investors through brokerage accounts.
Subsequent SEC approvals of in-kind redemptions in July 2025 offer cost efficiencies that can make these products more appealing. According to analysts, assets have been directed towards these funds, and now pension funds and other institutions can deploy funds to Bitcoin without the need to work with private keys.
Thus, the U.S. regulatory environment encourages large, regulated players to participate in the Bitcoin market and adds depth to trading volumes.
State Policies and Public Uptake
Several U.S. states have passed laws that complement federal action. Wyoming exempts crypto businesses from money‑transmission licensing and has a regulatory “sandbox” to test new products. Florida offers similar exemptions and launched a pilot program allowing companies to pay state fees in cryptocurrency.
Texas allows state-chartered banks to offer cryptocurrency custody and offers tax abatements and credits to miners. New Hampshire does not levy capital gains taxes or impose money-transmission regulations on crypto businesses. In 2022, Governor Jared Polis of Colorado introduced a program that allows state residents to pay with cryptocurrency. The crypto income is subject to a flat rate of 4.4% in the state, demonstrating how states incorporate crypto assets into the budget.
Arizona clarified that receiving an airdrop is not taxable at the state level. These diverse initiatives demonstrate that states compete to attract crypto businesses and investors, adding to the national push.
Public adoption underscores the extent of U.S. leadership. According to a May 2025 report by River, roughly 14.3% of Americans own Bitcoin, which is higher than the combined ownership in Europe, Oceania, and Asia. The report estimates that American holders collectively own about 40% of the world’s Bitcoin supply and also pointed out that 49.6 million Americans prefer holding Bitcoin compared with 36.7 million who like gold. On the political side, 59% of U.S. Senators and 66% of House members have extended their support to Bitcoin.
Related: Bitcoin Rises as US CPI Data Falls Below Inflation Targets
Representatives back pro‑Bitcoin policies
Federal leaders often emphasize the compatibility of these trends with the culture of innovation in America. In July 2025, Treasury Secretary Scott Bessent reiterated that the nation has a history of extending the technology “frontier” and has always pushed technological boundaries. He attributed the current state of affairs to President Trump and referred it as a regulatory siege against digital assets, thus creating conditions for a new “Golden Age of Crypto”.
Bessent argued that regulatory clarity and policies like the GENIUS Act will attract entrepreneurs and investors, ensuring that key innovations happen in the United States. The White House working group report likewise calls widespread adoption of stablecoins a way to “usher in the Golden Age of Crypto”.
These statements further support the opinion that the country’s openness to innovations and specific regulations can make the U.S. a superpower in the Bitcoin era.
Outlook and Challenges
Although the Bitcoin strategy in America has developed rapidly, there are still challenges. Adoption of new acts and policies will entail coordinating agencies and collaborating with Congress. The BITCOIN Act, once passed, would invest heavily in the purchase of Bitcoin and would be subject to fiscal review.
Critics also worry that a federal focus on crypto could enable illicit finance, and to address those concerns, the White House working group recommends modernizing anti‑money‑laundering rules and clarifying Bank Secrecy Act obligations. In addition, adoption at the state and local level is uneven. Programs like Colorado’s tax‑payment portal have seen limited usage, suggesting that convenience and volatility still deter many users.
International competition is also intensifying. Countries such as Singapore, the United Arab Emirates, and the United Kingdom are creating favorable crypto frameworks. However, U.S. officials argue that the capital markets, energy resources, technological talent, and legal protections in the U.S. give it a structural advantage. The SEC’s moves to standardize crypto exchange‑traded products and the Treasury’s plans for a strategic reserve illustrate an attempt to leverage these strengths. Success will depend on whether regulators can sustain innovation while protecting consumers and the financial system.
