Data: The U.S. government's public purse currently holds 198,109 BTC
PANews reported on March 7th, according to Lookonchain monitoring, the US government's public wallet currently holds 198,109 BTC (worth $16.92 billion). Earlier today, Trump signed an executive order to establish a strategic Bitcoin reserve and will not sell any Bitcoins stored in the reserve.
The US government has previously transferred about 222,684 BTC (valued at $3.28 billion at that time, now worth $19.42 billion) to exchanges and other unknown wallets at an average price of $14,736 per coin. Based on current prices, the US government lost approximately $16.14 billion due to selling BTC early.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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