🚨 U.S. Confirms Bitcoin Reserves Worth Up to $20 Billion

🌐 In a recent update, U.S. Treasury Secretary Scott Bessent confirmed that the U.S. government’s Bitcoin holdings are valued between $15B and $20B. More importantly:

🇺🇸 The U.S. will stop selling Bitcoin, signaling a shift toward long-term strategic management.

📢 Gold policy remains unchanged, continuing as a traditional store of value.

🟠 BTC reserves primarily come from seized assets, not new purchases.

📊 What this means for markets:

▫️ Bitcoin is now officially being treated as a strategic reserve asset, complementing gold.

▫️ Reduced selling pressure could favor BTC price growth, depending on broader market conditions.

▫️ This move highlights a diversified approach to national reserves, blending traditional and digital assets.

🔍 Context:

▫️ The U.S. Treasury joins a small group of nations exploring crypto as part of state-controlled reserves.

▫️ Legislative initiatives like the BITCOIN Act, supported by Senator Cynthia Lummis, may further formalize BTC accumulation as a resilience strategy.

🏛 As Bitcoin increasingly enters institutional and state portfolios, this signals growing legitimacy and strategic importance for crypto at the highest levels of government.

#Bitcoin #Crypto #Treasury #DigitalAssets #Gold

https://coingape.com/u-s-bitcoin-reserves-worth-up-to-20-billion-scott-bessent/?utm_source=bnb&utm_medium=coingape