The post U.S. Government Becomes Major Bitcoin Holder appeared first on Coinpedia Fintech News The U.S. government now owns around 316,760 Bitcoin, valued at approximately $35.9 billion, making it one of the biggest publicly known Bitcoin holders worldwide. Much of these holdings come from large seizures of illicit Bitcoin, managed by the Treasury Department. This stash is likely part of the Strategic Bitcoin Reserve initiative launched to strengthen America’s …The post U.S. Government Becomes Major Bitcoin Holder appeared first on Coinpedia Fintech News The U.S. government now owns around 316,760 Bitcoin, valued at approximately $35.9 billion, making it one of the biggest publicly known Bitcoin holders worldwide. Much of these holdings come from large seizures of illicit Bitcoin, managed by the Treasury Department. This stash is likely part of the Strategic Bitcoin Reserve initiative launched to strengthen America’s …
U.S. Government Becomes Major Bitcoin Holder
The post U.S. Government Becomes Major Bitcoin Holder appeared first on Coinpedia Fintech News
The U.S. government now owns around 316,760 Bitcoin, valued at approximately $35.9 billion, making it one of the biggest publicly known Bitcoin holders worldwide. Much of these holdings come from large seizures of illicit Bitcoin, managed by the Treasury Department. This stash is likely part of the Strategic Bitcoin Reserve initiative launched to strengthen America’s position in digital assets. The government’s Bitcoin reserve highlights its growing role in cryptocurrency, with potential impacts on the market yet to unfold as policies develop around these digital holdings.
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