🔸The U.S. Treasury Secretary, Scott Bessent, seemed to contradict himself in a single day regarding the government's plans to buy more bitcoin. $BTC

In the morning, Bessent stated that the Strategic Bitcoin Reserve would only consist of the $15-20 billion in coins that the government already owns, with no plans for new purchases.

However, later that same day, he posted a tweet saying that the department is "committed to exploring budget-neutral ways to acquire more Bitcoin to expand the reserve".

These possible purchases would be in addition to the coins already confiscated by the government. These latter are the "basis" of the reserve, which was created by an executive order signed by President Donald Trump in March.

Despite Bessent's apparent reversal, the price of bitcoin fell to about $118,000 after reaching a new record of $124,000. The drop came after a higher-than-expected inflation report.