Data: The U.S. government currently holds approximately 325,000 Bitcoin, which is about 3.5% of its gold reserves.
BlockBeats News, on October 19, Galaxy Research mentioned in a recent report that the U.S. Department of Justice recently seized 127,271 bitcoins worth nearly $15 billions, causing the U.S. government's bitcoin holdings to surge by 64% overnight. According to Arkham data, U.S. government addresses currently hold about 325,447 bitcoins, equivalent to approximately $34.78 billions, which is about 3.5% of the value of the U.S. gold reserves. As a result, the U.S. government now ranks second among all entities in terms of bitcoin holdings, only behind Strategy.
Galaxy Research sarcastically commented: "Bitcoin was born as a rebellion against fiat currency, but now it has become collateral for the fiat system."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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