The U.S. government has taken a significant step by establishing a Strategic Bitcoin Reserve (SBR), which analysts at H.C. Wainwright describe as a “monumental endorsement” of Bitcoin. This move positions Bitcoin as a legitimate asset, akin to gold. President Trump has directed the administration to not only hold seized Bitcoin but also to amass other cryptocurrencies. The SBR enhances Bitcoin’s status as a sovereign-grade store of value. The government’s commitment to not selling any seized Bitcoin addresses concerns about potential market flooding. The Treasury and Commerce departments are tasked with increasing the federal Bitcoin reserves without additional taxpayer costs. This initiative is complemented by Texas’s recent legislation allowing state investment in Bitcoin, potentially setting a precedent for other states. Bitcoin’s unique attributes, such as its scarcity and resistance to inflation, make it an increasingly appealing alternative to gold, which has a market cap of $20 trillion.
PennybagsCX
@PennybagsCX
·
Mar 6 MAJOR MISSED OPPORTUNITY ALERT!
Over the last decade, the U.S. government sold around 195,000 $BTC seized from criminal investigations for just $366M
If they had held onto those coins, they’d be worth over $17 BILLION today!
David Sacks, Trump’s ‘Crypto Czar’,
Crypto News Alerts
@CryptoNewsYes
·
Mar 10 Michael Saylor says the US GOVT should aim to hold a quarter of Bitcoin’s entire supply (5.25 Million BTC) by 2035, when 99% of all BTC will have been issued, which would propel the BTC market cap to $200 trillion sending the bitcoin price action to $10,000,000 per coin.
AMCrypto
@AMCryptoAlex
·
Mar 6 BIG REVEAL:
David Sacks, Trump’s crypto czar, just dropped a bombshell—
The US government sold 195,000 Bitcoin over the past decade for just $366M
If they had simply HODL’d, those assets would be worth over $17 BILLION today
The lesson? Even
Ash Crypto
@Ashcryptoreal
·
Mar 6 BREAKING:
DAVID SACKS REVEAL THAT U.S
GOVERNMENT SOLD 195,000 $BTC
FOR $366M OVER THE PAST DECADE
IF THEY HELD, IT’D BE WORTH OVER
$17 BILLION TODAY
LEASSON – DON’T GET SHAKEN OUT
Akrido
@AkridoDigital
·
Mar 7 Bitcoin dropped 4.7% after Trump’s Strategic Bitcoin Reserve announcement. What happened?
Retail panicked but smart money didn’t.
→ The U.S. government owns ~200,000 BTC.
That’s $17.5B in untracked holdings now locked in a “digital Fort Knox.”
→ No taxpayer funds, only
Alek
@Alek_Carter
·
Mar 7 The U.S. Government is sitting on a 198,109 BTC stash (~$17.7B), but that’s still peanuts compared to MicroStrategy’s 499,036 BTC.
➤They’ve already bagged $386.8M in profit, but their holdings just took a $2.18B hit in 3 months.
➤On top of that, they’re holding 56,035 ETH
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