U.S. Strategic Bitcoin Reserves: It's Really Happening!
No more selling! The U.S. government has announced that the confiscated bitcoins will be included in the strategic reserves.
Treasury Secretary Bessent clearly stated that, according to Executive Order 14233, the U.S. government will stop selling confiscated bitcoins and instead establish a strategic reserve.
Currently, this reserve is valued at approximately $15 billion. This means the U.S. has officially joined the ranks of bitcoin "hoarders," reaffirming the "sovereign asset" nature of bitcoin.
Now that the U.S. government is holding bitcoins, do you think other countries will follow suit? Could this be the start of a global "hoarding race"?🎤
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