The United States government has become one of the largest Bitcoin holders, with nearly 200,000 bitcoins valued at about $12.1 billion.

This substantial Bitcoin reserve stems from seizures and asset forfeitures linked to criminal cases, including the recent Bitfinex hackers incident.

Government transactions with Bitcoin are transparent, and the U.S. now possesses close to 1% of all bitcoins in existence.

Edward Snowden has suggested that a national government might soon be exposed for covertly purchasing Bitcoin.

An entity referred to as 'Mr. 100' is making significant Bitcoin purchases, fueling speculation about possible government involvement.

The UK government has also amassed Bitcoin through seizures and has enacted laws to expand its authority over crypto asset seizure and freezing.

The trend of governments seizing Bitcoin signals its growing legitimacy and points to the potential strategic need for nations to hold Bitcoin reserves.