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Bitcoin Acquisition: US Expands Reserve Strategy

Treasury Secretary Signals US Plans to Acquire More Bitcoin for Reserve

  • The U.S. government plans to expand its bitcoin holdings beyond current seized assets.
  • Treasury Secretary Scott Bessent announced the initiative on Friday.
  • This marks the first time the U.S. aims to build a strategic bitcoin reserve.

The United States, under Treasury Secretary Scott Bessent, plans to acquire more bitcoin to establish a strategic reserve, expanding beyond previously seized assets. This initiative represents a new approach in government-held cryptocurrency accumulation.

Source (2.6)https://news.bitcoin.com/treasury-secretary-signals-us-plans-to-acquire-more-bitcoin-for-reserve/?rand=52384
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