In a stark warning issued during a televised interview, former US President Donald Trump expressed concerns over China’s escalating involvement in the cryptocurrency sector. He emphasized the necessity for the United States to assert its dominance to remain a leader in this transformative financial landscape.
Trump stated that China is “getting into it very big right now,” urging American policymakers to take decisive action to retain the country’s edge in the bitcoin and broader crypto market.
US Vs China Crypto Stash
Recent estimates indicate that the United States currently holds around 198,012 BTC, valued at approximately $21.32 billion. In contrast, China’s holdings are estimated at about 194,000 BTC, translating to a value of $20.89 billion.
While these figures are frequently cited, analysts caution that they represent rough approximations derived from available on-chain research and public data. The actual situation may encompass numerous unrecorded private holdings obscured from public view.
Trump framed his remarks as part of a larger strategy regarding technological advancement and financial systems, warning that excessive regulation within the US could drive businesses and jobs abroad. His statements underscored an intertwining of economic vigilance and national strategy.
🇺🇸 Trump doubles down on digital dominance:
“I only care about one thing — will the U.S. be number one in $crypto? China is getting into it very big.” pic.twitter.com/M5cG5KsqYk
— COACHTY (@TheRealTRTalks) November 3, 2025
Mining And Supply Links
Reports indicate that Chinese manufacturers of cryptocurrency mining equipment, such as Bitmain, Canaan, and MicroBT, continue to play a pivotal role in the global supply chain. Interestingly, some of these firms have begun relocating manufacturing operations outside China to locations including the US. This strategic maneuver is seen as a response to growing trade complexities and a bid to cater to the demands of large purchasers.
The dynamics surrounding hardware and infrastructure are proving just as critical as the ownership of the cryptocurrencies themselves.
Market participants are observing an array of signals: from policy discussions in Washington to trade maneuvers, all of which contribute to fluctuations in market activity.
The potential for sharp price movements often coincides with headlines that suggest the introduction of tariffs, export controls, or broad regulatory changes. Such volatility significantly impacts investors and companies that are planning long-term crypto ventures.
Experts who analyze crypto holdings emphasize that country-specific estimates often rely on tracing transactions and known addresses linked to exchanges or companies. While these methods offer insight, they frequently overlook significant private holdings, trusts, or organizations that do not disclose their positions. Consequently, any singular estimate of national crypto assets should be approached with caution.
Featured image from Unsplash, chart from TradingView
