Casa co-founder Jameson Lopp tracked bitcoin sales by the U.S. government and found that since 2014, the U.S. government has seized and sold at least 195,091 bitcoins at a profit of more than $366 million. According to data site Bitcoin Treasuries, the U.S. government currently owns 213,546 bitcoins, worth more than $13 billion at current market prices, making it one of the largest bitcoin holders in the world. Meanwhile, the German government is the world's fourth largest bitcoin sovereign holder, behind only China and the United Kingdom, with 46,359 bitcoins.