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The U.S. government holds 198,000 Bitcoins after premature selling caused a loss of $16.1 billion

2025-03-07 09:35:49 2 days ago CoinRank

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CoinRank News: This morning, President Trump signed an executive order to establish a strategic Bitcoin reserve and promised not to sell the Bitcoin in the reserve. According to Lookonchain data, the US governments public wallet currently holds 198,109 BTC, worth about $16.92 billion. Previously, the US government had transferred about 222,000 Bitcoins (worth $3.28 billion at the time and now worth about $19.42 billion) to platforms such as Coinbase and Coinbase Prime, with an average selling price of $14,736. At the current price, the US government has lost about $16.14 billion due to premature sales of Bitcoin.

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