Brothers, has U.S. Treasury Secretary Basant recently been shorting and then going long?
On August 14th local time, this guy first stated in an interview with Fox Business that the U.S. government would definitely not purchase new bitcoins; if they wanted to build reserves, they would use the $15 to $20 billion worth of confiscated bitcoins — those seized from criminal and civil cases — so that building reserves wouldn't require new budget allocations.
And what happened? Just a few hours later, he changed his stance on X platform and softened his attitude noticeably. He said that the confiscated bitcoins would be the foundation of the strategic reserves, while the Treasury would also explore a 'budget-neutral' approach to acquire more, aiming to fulfill Trump's promise to make the U.S. a 'global bitcoin superpower.'
This back-and-forth change is enough to make people ponder $BTC .