US Treasury on Bitcoin: Still in Play!
After shaking markets and erasing nearly $55B from Bitcoin’s market cap, US Treasury Secretary Scott Bessent has now clarified that the U.S. is still considering Bitcoin purchases.
The idea is to expand the Strategic Bitcoin Reserve, a move that aligns with Trump’s vision of turning the U.S. into a true “Bitcoin Superpower.”
🔹 Current approach:
Use confiscated BTC (already worth $15–20B).
Stop selling government-held Bitcoin.
Possible extra purchases funded through gold certificate revaluation or tariff revenue (needs Congress approval).
However, critics argue that after five months of exploring’, the delay looks more like stalling, which could allow other nations to front-run the U.S.
For now, the U.S. Treasury already holds 198,012 BTC (~$23.5B) — and the good news is, they’re not dumping anytime soon.
Do you think the U.S. will actually buy more Bitcoin soon, or is this just politics slowing things down?
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