US Government Holds 198,000 BTC worth $24 Billion

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US Government Holds 198,000 BTC worth $24 Billion

The United States government holds approximately 198,000 Bitcoin, valued at $24 billion, making it the world's largest sovereign holder of cryptocurrency. This reserve stems from assets seized in criminal investigations and forfeiture cases, and is intended to establish US dominance in digital asset governance while leveraging Bitcoin's scarcity principle.

Key Points:

  • The government's $24 billion position represents just 0.065% of America's $37 trillion national debt.
  • The reserve is currently inactive, with no movement in federal wallets for four consecutive months.
  • The policy shift coincides with the passage of the GENIUS Act, creating federal stablecoin regulations.
  • Critics question the wisdom of hoarding volatile assets, while supporters hail the reserve as a "visionary hedge in the digital age."

submitted by /u/CriticalCobraz
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