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BREAKING: U.S. Won’t Be Buying New Bitcoin!

coinpaprika.com

2 hour ago

BREAKING: U.S. Won’t Be Buying New Bitcoin!

The U.S. had instituted a Strategic Bitcoin Reserve, which is built entirely from assets obtained through legal forfeiture—not taxpayer funding. Bessent had emphasized that any additional Bitcoin entering the reserve must follow budget-neutral methods, meaning no direct spending from government budgets would go toward acquiring more. Bessent had said the first priority is to halt the sale of seized Bitcoin, signaling a shift from previous practices where such assets might be liquidated. He revealed that the current Bitcoin holdings amount to roughly $15–20 billion. This move aligned with President Trump’s March 2025 executive order establishing both the Strategic Bitcoin Reserve but... The administration had previously considered ways to expand it without spending additional public funds—what Bessent called budget-neutral strategies. Today in an interview, Bessent said their are not going to expand the Strategic Bitcoin reserve. Bessent had said the first priority is to halt the sale of seized Bitcoin, signaling a shift from previous practices where such assets might be liquidated. He revealed that the current Bitcoin holdings amount to roughly $15–20 billion. This move aligned with President Trump’s March 2025 executive order establishing both the Strategic Bitcoin Reserve but... The administration had previously considered ways to expand it without spending additional public funds—what Bessent called budget-neutral strategies. Today in an interview, Bessent said their are not going to expand the Strategic Bitcoin reserve. This move aligned with President Trump’s March 2025 executive order establishing both the Strategic Bitcoin Reserve but... The administration had previously considered ways to expand it without spending additional public funds—what Bessent called budget-neutral strategies. Today in an interview, Bessent said their are not going to expand the Strategic Bitcoin reserve. The administration had previously considered ways to expand it without spending additional public funds—what Bessent called budget-neutral strategies. Today in an interview, Bessent said their are not going to expand the Strategic Bitcoin reserve.

https://coinpaprika.com/news/u-s-won-t-be-buying-new-bitcoin/