Arkham confirms US gov $24b Bitcoin holdings, debunking 85% sell-off rumor
Arkham Intelligence said that the US government still has around 198k BTC, refuting rumors that it had sold 85% of its reserves.
Summary
- Arkham Intelligence reports that the US government is currently holding around 198k BTC, worth $ 23.5 billion, dissipating rumors from a bitcoin sale of 85%.
- The rumor was born from a Foia request revealing only 29K BTC held by US Marshals Service.
- These assets considerably exceed the assets of other governments, including the $ 7 billion in the United Kingdom and $ 1.3 billion in Bhutan.
- US Bitcoin Stash stash represents approximately 0.065% of its national debt, which exceeds $ 37 t.
The analysis company of the Arkham Intelligence blockchain has reported that the Bitcoin of the American government (BTC) Participations are currently around 198,000 BTC, valued at around 24 billion dollars, which has actually closed rumors that the government has sold 85% of its cryptographic assets. This rumor began to circulate after a request for the law on information revealed that the American service Marshals only held 29K BTC.
This led to general speculation that the government had liquidated the majority of its Bitcoin reserves. However, in the end, the Foia figures did not take into account assets by other agencies, including the FBI, the DOJ, the DEA and the American lawyers, Arkham, Arkham noted In response to the position of Senator Cynthia Lummis on X.
https://twitter.com/arkham/status/194804314019295282222
Us Bitcoin Holdings in context
At current prices, the Bitcoin cachet of the US government of $ 24 billion places its assets well above those of other governments, with the United Kingdom the government holding about $ 7 billion in Bitcoin and Bhoutan About $ 1.3 billion.
It also represents a small but symbolically significant 0.065% of the American national debt, which is currently Over 37 dollars billions. Although this amount is negligible in terms of filling the difference in debt, it signals a form of institutional recognition and support for Bitcoin As a digital actor held from sovereign. However, the recent rumor – now demystified – has triggered concerns about what could happen if such a sale really occurs in the future to respond to a party or finance other tax initiatives.
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