What is the #BTCReserveStrategy ?

The strategic #Bitcoin reserve is a reserve asset, funded by the US Treasury's forfeited Bitcoin. The US Department of the Treasury has an annual budget of $20.2 Billion. Fort Knox (the US Bullion Depository) currently holds 147.3 M ounces of gold bullion.

But what about cryptocurrencies? The United States is the largest known state holder of Bitcoin in the world. It is estimated that it holds about 200k BTC.

So what does this all mean for us? In my opinion it means that all these 200k BTC are practically out of the market. What is roughly almost 10% of the Bitcoin max supply!

But I think that it will start to be a bullish effect when the US begins to raise its holdings!