#BTC

In 2024 so far. The US government still holds around $203.6k BTC ($11.9 billion). Follow @spotonchain… https://t.co/jjdlxtkVE2 pic.twitter.com/WGwbMQ7WGl
— Spot on Chain (@spotonchain) August 15, 2024
The US government currently holds around 203,000 bitcoins, worth around $11.9 billion. The latest deposit comes on the heels of presidential candidate Donald Trump’s pledge that the US government will not sell any more coins if he is elected later this year.
Meanwhile, BlackRock’s IBIT reported net cash flow of over $33 million on Wednesday, despite notable outflows from Grayscale’s GBTC and Fidelity’s FBTC. It’s worth noting that Morgan Stanley disclosed its purchase of BlackRock’s IBIT for $187 million.
Earlier today, Bitcoin mining company Marathon Digital announced that it has completed the sale of $300 million in long-term convertible notes to buy more bitcoin. The announcement comes after it was revealed that the central banks of Norway and Switzerland have already purchased more than 1.5 million shares of MicroStrategy stock combined in the recent past.
The Norwegian central bank bought 1,123,930 shares in MicroStrategy The Swiss central bank bought 466,000 shares in MicroStrategy #Bitcoin$BTC $MSTR pic.twitter.com/Q8KBSmiVSz
— Quentin | 048.eth (@QuintenFrancois) August 14, 2024
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