BlockBeats news, on July 31, Bo Hines, Executive Director of the White House Cryptocurrency Committee, declined to disclose the quantity of Bitcoin held by the U.S. government in the latest podcast episode. Previous reports suggested that the actual amount of Bitcoin held by the U.S. government might be far lower than the 200,000 coins estimated by Trump's cryptocurrency advisor David Sacks, with only 29,000 coins.
Regarding specific numbers, Hines stated that "it cannot be discussed at this time," but confirmed that the government plans to increase its Bitcoin holdings through a "budget-neutral" approach. Due to differences in asset classification, only Bitcoin that has completed judicial forfeiture can be counted as government assets, while Bitcoin that is still under seizure remains legally uncertain.
