๐บ๐ธ Urgent: Scott Bisant, the US Treasury Secretary, announces the cessation of the sale of government Bitcoin holdings!
โโโโโโโโโโโโโโโ
๐ข What's new?
โ US Treasury Secretary Scott Bisant stated that the government will stop selling its Bitcoin holdings.
โ The value of these holdings is estimated to be between $15 to $20 billion.
โ He clarified that the government will not purchase more Bitcoin and will rely on seized assets to increase its reserves.
โโโโโโโโโโโโโโโ
๐ก Whatโs between the lines?
โ This step is considered a significant shift in the US government's policy towards digital assets.
โ The decision not to sell indicates that the government sees long-term strategic value in holding Bitcoin as an asset.
โ Accumulating assets through seizures is a way to increase holdings without using taxpayer money.
โโโโโโโโโโโโโโโ
๐ The outlook:
โ This decision enhances the credibility of Bitcoin as an asset that can be held by governments.
โ It may impact institutional investors' confidence, especially as one of the world's largest economies recognizes the value of Bitcoin.
โโโโโโโโโโโโโโโ
โDo you think this decision will enhance Bitcoin's status as a global reserve asset?
โโโโโโโโโโโโโโโ
๐ If you liked the content, support me with a like and follow to receive all the latest news
LEGENDARY_007
