The United States government, under Treasury Secretary Scott Bessent, has confirmed holding between $15 billion and $20 billion worth of Bitcoin, establishing it as a strategic Treasury reserve asset. This Bitcoin reserve primarily consists of forfeited assets managed by the U.S. Marshals Service in coordination with the Department of Justice. The Treasury is exploring budget-neutral methods to acquire additional Bitcoin, aligning with former President Donald Trump's vision of positioning the U.S. as a global Bitcoin superpower. Industry figures such as Michael Saylor have acknowledged the official recognition of Bitcoin as a Treasury reserve asset. Meanwhile, American Bitcoin, supported by Eric Trump and Donald Trump Jr., is negotiating to acquire a listed company in Japan and potentially Hong Kong to develop regional Bitcoin treasury vehicles.
Yesterday Treasury Secretary Scott Bessent said that the US Government currently holds $15-20 Billion in BTC. But where does that bitcoin come from? From our reporting, we know that the US Marshal Service, in charge of assets forfeited in proceedings initiated by the DOJ, https://t.co/yjCiRJGAGg https://t.co/PNvA1uussT
Treasury Secretary Bessent claimed yesterday that the US Government holds between $15-20 Billion in bitcoin to build the Strategic Bitcoin Reserve. Where did Bessent find 140,000 BTC? Full Story👇 https://t.co/APENAzTfxE
Treasury Secretary Scott Bessent has confirmed the United States will purchase more bitcoin. Game on! https://t.co/vDeE3m2GEM