There are some theories that China is still hoarding some bitcoin, and I also read some spurious news that apparently North Korea starting to obtain bitcoin?

North Korea has been involved in cryptocurrency operations, including Bitcoin, primarily through cyber heists and mining activities. These operations have become a significant part of their economic strategy, especially to support their nuclear and missile programs. North Korea’s tactics have involved hacking into large, multi-user platforms and exploiting security weaknesses. For example, they were responsible for a major heist on the Axie Infinity gaming platform, resulting in a significant loss of Ethereum and U.S. dollar-denominated coins. Additionally, North Korea has been mining cryptocurrencies, possibly focusing on those with enhanced privacy features. These activities have generated substantial funds for the country, indicating a notable presence in the cryptocurrency space oai_citation:1,North Korea’s Crypto Operations Are Supporting Its Nuclear Program – The Diplomat.

What’s 69,000 times $35,000?

US has $2Billion USD worth of bitcoin?

As of 2024, the United States government holds the largest share of Bitcoin among world governments, with approximately 69,640 BTC, which is 90.3% of the global government-held Bitcoin. This significant holding is largely due to seizures by the FBI from various legal operations. Other countries with notable Bitcoin holdings include El Salvador, Ukraine, Bhutan, Venezuela, and Finland. Norway also has an indirect stake in Bitcoin through its investment in MicroStrategy. On the retail side, the largest number of Bitcoin owners is in emerging economies, with India leading the way, followed by China and the United States. The popularity of Bitcoin in these countries is often attributed to protection against inflation and the lack of a strong banking sector oai_citation:1,Which Country Owns the Most Bitcoin in 2024? (Updated List).