US Government Bitcoin Holdings Fall to 328,372 BTC Amid Price Volatility

The US Government's Bitcoin Holdings

The estimated balance stands at 328,372 BTC. Tracked holdings as of October 7, 2026, ranged from 319,000 to 328,000 BTC depending on the tracker, a spread that reflects a decline over the course of the year.

Why the Range?

Government wallets are not labeled with a tidy nameplate. Different trackers attribute different addresses to federal agencies, so the final tally depends on who is counting.

Recent Activity

The more eye-catching activity came in the first week of October. Wallets connected to the US government moved around 17,733 BTC, with the transfers primarily flowing to Coinbase Prime, the exchange's institutional custody and trading arm.

Valuation

Based on a prevailing Bitcoin price of $82,000 to $83,000, early October estimates put the total value of the government's holdings between $26 billion and $28 billion.

Decline in Value

The valuation of US government crypto holdings has declined by approximately $16 billion from a peak near $40.7 billion in late October 2025. The bigger driver is price movement on every remaining coin, not coins leaving wallets.

Implications

With sales of seized assets prohibited under Executive Order 14233, large transfers to Coinbase Prime look more like a reorganization of custody than a liquidation pipeline, which could mean less supply overhang from forfeited coins than markets historically worried about.