Crypto held by U.S. government amounts 198,012 BTC worth $23.49B, with no wallet activity in four months.
FOIA data shows only 28,988 BTC held by the U.S. Marshals, revealing major discrepancies with on-chain analysis.
A Strategic Bitcoin Reserve and Digital Asset Stockpile were created under a March executive order to centralize holdings.
The U.S. Government currently manages a digital asset portfolio valued at $24.26 billion across various cryptocurrencies. Despite market shifts, no assets have moved from its primary wallets in the last four months.
Bitcoin and Ethereum Lead the Holdings
Confirmed via a post on X by Bitcoin Archive, the largest share of the portfolio remains in Bitcoin, with 198,012 BTC valued at $23.49 billion at the time of press as Bitcoin's price dipped slightly by 0.44%. Ethereum holdings include 59,951 ETH, currently worth $205.23 million, with a 5.07% price increase.
https://twitter.com/BTC_Archive/status/1948143756655341698
USDT holdings stand at 347.446 million, totaling $347.45 million in value. The price held steady with no change. Wrapped Bitcoin (WBTC) holdings are 750.722 units, valued at $89 million, down 0.39%. The government also owns 5.205K WETH, worth $17.82 million, gaining 4.89%.
BNB holdings amount to 40.293K, worth $29.25 million, with a 3.53% rise. Other assets include 22.175K WBNB valued at $16.11 million and 13.623M BUSD worth $13.53 million. All showed price increases between 3.7% and 3.7%. Arkham platform data confirmed no transactions from major agency wallets over the last four months.
FOIA Request Contradicts the Arkham OnChain Data
As reported by CryptoNewsLand recently, it was alleged that the U.S. Marshals Service holds far less Bitcoin than previously estimated, according to a recent FOIA response. Independent journalist L0la L33tz filed the request in March, seeking to determine the agency’s current crypto holdings. The Department of Justice confirmed that as of March, the Marshals held slightly more than 28,988 BTC, valued around $3.4 billion.
The figure is significantly lower than public blockchain estimates from Arkham Intelligence and Bitcoin Treasuries. These platforms have reported that the U.S. government holds around 198,000 BTC across federal agencies. This difference reveals the difficulty in verifying government crypto ownership due to fragmented data and confidential seizure processes.
Role of the U.S. Marshals Service and Strategic Reserve Initiative
The Marshals Service is responsible for managing and auctioning crypto assets seized in legal actions. These tokens are often collected by other departments such as the IRS or FBI. A recent executive order signed by President Donald Trump in March requires all agencies to transfer digital assets to the U.S. Treasury.
The same order created the Strategic Bitcoin Reserve, managed by the Treasury Department. It also formed a U.S. Digital Asset Stockpile for non-bitcoin assets forfeited in federal cases. Senator Cynthia Lummis reacted to the holdings report, stating on X that more than 80% of U.S. Bitcoin reserves appear sold. She described the move as a strategic misstep affecting U.S. digital asset positioning.
