The post U.S. Government’s Bitcoin Holdings Worth $1.8 Billion Remain After Successful Sales appeared first on Coinpedia Fintech News
In a surprising turn of events, the U.S Government has solidified its position as the largest Bitcoin (BTC) owner among nations with a staggering $1.8 billion worth of the popular crypto. Holding on to these assets through a series of successful raids and strategic sales, the government has accumulated approximately 69,000 BTC, firmly establishing itself as a prominent player in the crypto world.
Based on Forbes reports, the U.S. has judiciously held onto digital assets, predominantly Bitcoin, acquired through large-scale asset seizures. While the government has participated in auctions to divest some of its Bitcoin holdings, a substantial portion remains under its control, suggesting a strategic long-term approach.
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