cyrpto 88K, Bitcoin, BTC, hold, reserve, strategic Mark March 7, 2025 0 Comments

US may hold up to 88K BTC in Strategic Bitcoin Reserve

The American government can have a maximum of 88,000 BTC available for its new Bitcoin strategic reserve, according to Alex Thorn, research manager at Galaxy Research.

In an article on March 7 on X, Thorn noted that if the government currently has around 198,000 bitcoin (BTC), 112,000 BTC must be returned to Bitfinex after a previous crisis. This means that only part of the assets, a maximum of 88,000 BTC, can be used for the reserve.

We believe that the current American Bitcoin balance available to reuse in a reserve is max 88k BTC, only 43% of current government assets. It is the British Columbia of ~ 198k BTC now owned by USG, 112K BTC will be returned to Bitfinex

The market will learn the difference between “seizure” and “confiscated”

– Alex Thorn (@intangiblecoins) March 7, 2025

According to the White House AI and the Crypto Tsar David Sacks, the initial bitcoin for the reserve is supposed to come from the digital assets entered, not guaranteeing any additional cost for taxpayers. However, Thorn’s analysis suggests that only Bitcoin has broken down, rather than all the assets seized, can be reused, considerably reducing the potential size of the reserve.

Thorn also pointed out that Bitcoin represents 97.7% of government’s digital assets, and this percentage increases to 98% when wrapped in Bitcoin (WBTC) is taken into account.

Trump’s decision to establish The reserve was widely praised in the cryptographic space. CEO of Coinbase Brian Armstrong called It is a “historic moment for bitcoin and crypto”, predicting that other G20 nations will note and potentially follow the example of the United States.

Galaxy Digital’s research manager Ryan Rasmussen underlined the broader implications of the Bitcoin Strategic Reserve, arguing that it suppresses the fears that the United States government sells large amounts of bitcoin and strengthens the case of institutional adoption.

This regulatory change, he said, would encourage more nations, wealth managers, financial organizations and even governments of states to buy bitcoin.

The end game has never been “the American government buys all the bitcoin in the world”.

A reserve of American strategic bitcoin means …
– other countries will buy bitcoin
– Wealth managers have no excuse
– Financial institutions have no excuse
– Pensions / endowments have no excuse
– Fear of … https://t.co/iaoyeo3pyl

– Ryan Rasmussen (@Rasterlyrock) March 7, 2025

According to Rasmussen, the decision also reduces the possibility that the United States imposes strict rules on Bitcoin. It would be ineffective to ban or regulate bitcoin because the government is actively owner. Consequently, industry experts believe that this policy fundamentally changes changes Bitcoin’s story.

Bitcoin continues to hold its strong position despite the recent market turbulence, trading at around $ 87,800 at the time of the press. The next March of March 7 at Crypto House Crypto, where legislators and business leaders should discuss The role of Bitcoin in the financial system should shape the feeling of the market.