U.S. Treasury Shocker: Bitcoin Reserve Fueled by Seized Assets—Not a Single Dollar Spent
The U.S. Treasury just dropped a bombshell—their Bitcoin stockpile won’t come from open-market buys. Instead, they’re banking on seized assets to fill their crypto coffers. Talk about a budget-friendly moonshot.
How’s that for fiscal creativity? While Wall Street debates ETF flows and institutional adoption, Uncle Sam’s playing a different game—one where criminals unwittingly fund the nation’s crypto reserves. Ironic, isn’t it?
No purchases. No taxpayer outcry. Just good old-fashioned asset forfeiture repurposed for the digital age. Guess even bureaucrats can appreciate a zero-cost basis.
Here’s the kicker: this move could quietly make the U.S. government one of the largest Bitcoin holders—without spending a dime. Take that, BlackRock. Of course, this being the Treasury, they’ll probably find a way to paper-hand it at the worst possible time.
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Bessent also addressed a separate question on the nation’s Gold stockpile — 261.5 million ounces — which is officially valued at about $11 billion using a price set in 1973. At current market levels, that gold would be worth roughly $750 billion, but Bessent said he does not expect the government to update the official valuation. Like the Bitcoin reserve, he noted, the gold holdings will continue to serve as a long-term store of value.
