US Treasury Secretary: The government has begun to include seized Bitcoin in the "strategic reserve"
According to Fox Business, US Treasury Secretary Scott Bessent stated that the government has started to include seized Bitcoin in the "strategic reserve," no longer auctioning it off routinely. Bessent said the government will not purchase Bitcoin on the open market but will hold the seized assets long-term.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
US Treasury Secretary: The government has begun to include seized Bitcoin in the "strategic reserve"
According to Fox Business, US Treasury Secretary Scott Bessent stated that the government has started to include seized Bitcoin in the "strategic reserve," no longer auctioning it off routinely. Bessent said the government will not purchase Bitcoin on the open market but will hold the seized assets long-term.