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U.S. Bitcoin Assets Surpass $24 Billion Following Decision Against Purchase

The U.S. Treasury Secretary, Scott Bessent, clarified that the government has no intention to augment its Bitcoin holdings beyond the existing reserve.

U.S. Bitcoin Reserves Surpass $24 Billion Following Decision against Purchase
U.S. Bitcoin Reserves Surpass $24 Billion Following Decision against Purchase

U.S. Bitcoin Assets Surpass $24 Billion Following Decision Against Purchase

U.S. Government's Strategic Bitcoin Reserve Grows

The U.S. government has established a significant presence in the cryptocurrency market, with a Strategic Bitcoin Reserve (SBR) valued at around $19.8 billion, according to a March 2025 executive order. This reserve, largely funded through assets seized in criminal cases, holds approximately 198,000 BTC.

The creation of the SBR was a significant step in the U.S.'s approach to digital assets, signifying a formal recognition of Bitcoin as a strategic reserve asset akin to gold and foreign currency. The policy emphasizes a long-term investment horizon, with no plans to sell the Bitcoin holdings [1][2].

Treasury Secretary Scott Bessent has clarified that the U.S. government will not be actively buying any additional Bitcoin, but the door remains open for auctions, seizures, and non-traditional acquisitions to increase the reserve's holdings [2]. Bessent has also expressed interest in budget-neutral pathways for expanding the reserve, potentially making the U.S. the Bitcoin superpower of the world [2].

The U.S. government's digital asset holdings extend beyond Bitcoin, including 59,951 ETH, 347 million USDT, 750 WBTC, 40,293 BNB, 5,205 WETH, and 13.6 million BUSD [3].

The SBR's establishment has created a demand floor in the market, with analysts projecting price targets between $150,000 and $400,000 per BTC within 2025, reflecting bullish institutional sentiment tied to the reserve’s establishment [1].

The U.S.'s Bitcoin holdings are significant, making up nearly 20% of the total Bitcoin supply. This move positions Wall Street as a new playground for Bitcoin, potentially influencing global finance and digital asset geopolitics [1].

The U.S. government's strategic approach to cryptocurrencies is part of a broader federal effort to lead digital asset innovation and regulatory clarity, including the GENIUS Act and the President’s Working Group on Digital Assets supporting a strong U.S. role in crypto markets [4].

[1] CoinDesk. (2025). U.S. Government Establishes Strategic Bitcoin Reserve, Valued at $19.8 Billion. [online] Available at: https://www.coindesk.com/us-government-establishes-strategic-bitcoin-reserve-valued-at-19-8-billion

[2] Reuters. (2025). U.S. Treasury Secretary: No Plans to Buy More Bitcoin Beyond Current Reserve. [online] Available at: https://www.reuters.com/business/us-treasury-secretary-no-plans-buy-more-bitcoin-beyond-current-reserve-2025-03-15/

[3] Cointelegraph. (2025). U.S. Government's Digital Asset Holdings Valued at $24.27 Billion. [online] Available at: https://cointelegraph.com/news/u-s-government-s-digital-asset-holdings-valued-at-24-27-billion

[4] The Hill. (2025). U.S. Government's Bitcoin Holdings: A Game-Changer in Global Finance. [online] Available at: https://thehill.com/policy/finance/590967-u-s-government-s-bitcoin-holdings-a-game-changer-in-global-finance

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