Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
U.S. Treasury's Bitcoin strategic reserves surge 64% overnight, now reaching 3.5% of U.S. gold reserves

U.S. Treasury's Bitcoin strategic reserves surge 64% overnight, now reaching 3.5% of U.S. gold reserves

ChaincatcherChaincatcher2025/10/19 00:02
Show original

According to ChainCatcher, Galaxy Research reported that since the beginning of this year, the US government has authorized the Treasury Department to include seized digital assets as part of its strategic bitcoin reserves. With the recent inclusion of assets confiscated from Prince Group into the reserves, the scale of these reserves grew by 64% overnight, and in terms of US dollars, it is now equivalent to about 3.5% of the US gold reserves.

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

CoreWeave plans to issue at least $4 billion in investment-grade loans, falling nearly 6% after hours

According to Bloomberg, CoreWeave is seeking to refinance at least 4 billion USD through an investment-grade loan, led by Morgan Stanley and Mitsubishi UFJ, with a syndication roadshow expected to start as soon as next week. This financing continues the structure of using Nvidia chips and customer contracts as collateral, with the yield on the issuance anticipated to be around 7% to 7.5%, much lower than its junk bond yield. Following the news, CoreWeave's shares fell nearly 5.8% after hours.

华尔街见闻•2026/11/11 23:46
CoreWeave plans to issue at least $4 billion in investment-grade loans, falling nearly 6% after hours