$BTC The White House reported a $17 billion loss from early bitcoin sales. In response, Trump established a strategic bitcoin reserve with a “never sell” policy to strengthen U.S. BTC holdings.

US Dumped 195,000 Bitcoin Too Soon—White House Says It Cost Taxpayers $17 Billion

The White House has stated that past U.S. government bitcoin sales have cost taxpayers over $17 billion. This revelation was outlined in a White House fact sheet released on March 6, detailing the formation of a strategic bitcoin reserve, established through an executive order by President Donald Trump.

“Premature sales of bitcoin have already cost U.S. taxpayers over $17 billion,” the document states.

White House AI and Crypto Czar David Sacks also highlighted this issue in a post on social media platform X on March 6. He wrote: