US Government Holds $23.5B in Bitcoin
The US government still holds 198,000 BTC worth $23.5B, with no movement in 4 months, as confirmed by Arkham.
- US government holds 198,000 BTC valued at $23.5 billion
- A FOIA report revealed only $3.4 billion
- Arkham confirms remaining $20B is still intact
The US government continues to hold a staggering 198,000 Bitcoin, currently valued at around $23.5 billion. Despite speculation and confusion following a recent Freedom of Information Act (FOIA) request that revealed only $3.4 billion in Bitcoin holdings, Arkham Intelligence has confirmed the remaining $20 billion is securely held across various federal agency wallets.
This finding puts to rest concerns that the US may have quietly sold off a large portion of its digital assets. The confirmation from Arkham suggests that the government’s crypto assets remain untouched and securely stored.
Why the Discrepancy in Figures?
The FOIA report, which many assumed was comprehensive, only accounted for assets directly reported by agencies, likely missing out on wallets not registered under typical government domains. Arkham, a blockchain intelligence platform, cross-referenced on-chain data to confirm that the US government still holds the full 198,000 BTC.
According to Arkham, these funds are split among multiple federal entities, including the Department of Justice and the Internal Revenue Service, and have not moved for over four months.
Implications for the Crypto Market
With such a large amount of Bitcoin under government control, the market continues to keep a close eye on any signs of movement. The US government’s decisions regarding these funds—whether to hold, sell, or auction—could have serious implications for Bitcoin’s price and investor sentiment.
For now, this Bitcoin stash remains idle, reinforcing the idea that federal agencies are in no rush to liquidate their holdings.
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