Data on the series shows that the United States is one of the largest bitcoin holders in the world, with a portfolio now exceeding $ 24 billion. However, recent events have shown that the possibility of increasing the United States government is very low. In particular, the United States government strategy has taken a new turning point this week after Treasury Secretary Scott Bessin explained that Washington will not buy any additional bitcoin.
Bessent excludes new purchases but leaves the possibility
During his talk in an interview with Fox, US Treasury Secretary Scott Bessant He explained that the government It has no plans to purchase additional Bitcoin outside its current reserves. The head of the Treasury said that the reserve will continue to be funded in the first place through the assets that were seized in criminal cases instead of direct purchases. His estimates put the value of the reserve between 15 billion dollars and 20 billion dollars.
Bessent later His position eased Social media, noting that although the United States does not allocate budget resources to gain more bitcoin, it is committed to “neutral budget tracks” to expand reserves to make the country the country’s superior power in the world. The statement indicates that the auctions, sources and unconventional acquisitions still increase the future holdings, Even if the cabinet avoids Buy the direct market.
Bitcoin’s possessions pay about 24 billion dollars
Data from The Blockchain Arkham Intelligence analysis platform reveals a larger image of Bessent estimates between 15 billion and 20 billion dollars. According to the arrows, the governor linked to the US government currently maintains about 198,022 BTC, which is worth about 23.42 billion dollars. Many of these holdings arose from seizures related to criminal activity, including the well -known Silk Road case.
The portfolio, however, extends beyond bitcoin. Arkham data reveals holdings of about 59,951 ETH, at a value of $ 273 million, along with $ 347 million and smaller topics across other assets such as 750 WBTC, 40293 BNB, 5,205 Weth, and 13.6 million bush. Completely, the value of the government’s digital assets is estimated at about 24.27 billion dollars. This number recently rose to $ 25 billion during the increase of Bitcoin above $ 124,000 last week.
Earlier this year, President Donald Trump I signed the law Create a strategic encryption reserve, which is a step that many explain as the beginning Bitcoin accumulation led by government. Trump himself had that many investors increased their expectations after they stated that the United States It will give priority US -based cryptocurrencies like BTC as part of their financial strategy.
This context is what made the last Bessent statement very important. Despite the presence of a reserve in the law, the cabinet has now made it clear that bitcoin active market purchases are not at the table at the present time. However, it is clear that the United States government is not. She plans to sell her holdings Any time soon, which may overwhelm the market by selling pressure.
Distinctive photo of Pixabay, Chart from TradingView.com
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