The U.S. government is currently holding only about 28,988 BTC, equivalent to $3.4 billion, according to information disclosed via a FOIA request submitted by journalist L0la L33tz. This figure is approximately 85% lower than previous estimates of 198,012 BTC, as reported by Bitcoin Treasuries and Arkham Intelligence. Earlier, President Donald Trump signed an executive order directing all federal agencies to transfer their crypto holdings to the Treasury Department to establish a Strategic Bitcoin Reserve. Senator Cynthia Lummis warned that selling off most of the BTC would be a major strategic blunder, putting the U.S. behind in the global Bitcoin race.

https://x.com/L0laL33tz/status/1945510628594184642