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North Korea Becomes Third-Largest Bitcoin Holder With 13,580 Bitcoins, Surpassing El Salvador After $1.5 Billion Theft

North Korea has reportedly become the world's third-largest holder of Bitcoin, surpassing El Salvador and following only the United States and the United Kingdom
By: DeepNewz • March 19, 2025
North Korea Becomes Third-Largest Bitcoin Holder With 13,580 Bitcoins, Surpassing El Salvador After $1.5 Billion Theft

North Korea has reportedly become the world's third-largest holder of Bitcoin, surpassing El Salvador and following only the United States and the United Kingdom.

Analysts attribute this accumulation to a series of successful cyber-hacking operations conducted by North Korea's Lazarus group, which is believed to have stolen approximately $1.5 billion in cryptocurrency from various exchanges.

The country's Bitcoin holdings now exceed those of El Salvador, which has adopted Bitcoin as legal tender. This development raises questions about the methods employed by North Korea to amass such a significant reserve of digital assets.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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