The US government has much less bitcoin than believed


The US government has released the latest figures regarding its Bitcoin holdings. Buzz around Bitcoin was credible with the US government, as the administration had previously shared how urgent it was to explore Bitcoin in the current story. However, the latest figures have noted a decrease in the estimated 200,000 BTC figure that the majority believed the government had long. How much bitcoin currently does the US government have?

Also read: US Genius Act Vote Tomorrow: Could it drive Bitcoin to $ 140,000?

Bitcoin reality control

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“In March, we submitted a FOIA request about the amount of Bitcoin held by US Marshal Service. Today we publish the USMS response on our FOIA request. Like the list of bitcoin as it has, a total of 28 988,35643016 BTC. “

The revealed amount is only 15% of the entire 200,000 BTC that the world believed the United States actively stuck.

This development has led to the majority of the people speculating in the missing figures. A Users at X. shared their opinion on the latest BTC figures:

New speculation arises: Where did the rest of BTC go?

Many outlets of X have been run in a high speculative position. Altcoin Daily, while sharing the news of the latest BTC figures, speculated on how the United States must have sold most of its Bitcoin holdings. He later added that this event may have been a key factor in suppressing the price of bitcoin all the time.

“Breaking: USA seems to have sold 85% of its #bitcoin. Same #bitcoin that would be used for Bitcoin Strategic Reserve. No wonder the price remained suppressed during all these years !!”

Also read: Here’s what can happen to Bitcoin (BTC) if Jerome Powell departs





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