US Treasury Secretary Advocates for Leadership in Digital Assets
- Treasury Secretary Scott Bessent supports the US leading in crypto and bringing businesses onshore.
- Bessent commends President Trump’s creation of a Bitcoin reserve, preventing the sale of seized BTC.
- The US government sold approximately 195,000 Bitcoin for $366 million, significantly less than its current value.
- The US currently holds $17.05 billion worth of Bitcoin, according to blockchain analytics firm Arkham.
- Bessent suggests a future acquisition plan for more Bitcoin after halting sales from seized assets.
The US government has sold a significant amount of Bitcoin below its current market value, while holding $17.05 billion worth as part of a new reserve strategy.
Source (2.6)https://dailyhodl.com/2025/03/08/treasury-secretary-scott-bessent-says-us-should-take-worldwide-lead-in-crypto-strive-to-bring-it-onshore/?rand=59076
