It was reported earlier that Iran had lifted its ban on cryptocurrencies and entered Bitcoin mining. The government announced that it would be purchasing all of the BTC produced by local miners.
Meanwhile, founder and CTO of popular analytics company Glassnode, Rafael Schultze-Kraft, has tweeted that there are approximately 83,000 wallets that hold $1 million worth of Bitcoin out there. While the government of Iran reportedly owns more than 45,000 Bitcoin mining machines.
Prominent Bitcoin supporter and Russia Today TV anchor Max Keiser reckons that, since Iran and Venezuela have entered the cryptocurrency mining market, they are likely to reap trillions of U.S. dollars.