Arkham Answers the Question Everyone's Wondering: "Did the US Government Secretly Sell Bitcoin?" – Reveals How Much BTC the US Holds!

US President Donald Trump established a US national strategic Bitcoin reserve with an executive order signed in March.

At this point, Trump stated that the US government would not sell the BTCs it held, but would look for ways to purchase new BTCs.

While nearly four months have passed since the executive order establishing the Bitcoin reserve, Arkham said that the US government's BTC holdings have not changed for four months.

According to Arkham data, the US government has not moved its Bitcoin holdings in the last four months.

Arkham noted that the 28,988 BTC ($3.4 billion) disclosed by the USMS represents only a fraction of the government's total assets.

“Did the US Government Sell 170,000 BTC ($20 Billion)? No.

The US Marshals Service (USMS) states in a Freedom of Information Request response that they hold 28,988 BTC ($3.4 billion).

However, other branches of the US Government, including the FBI, DOJ, DEA, and US Attorneys' Offices, also seize and hold Bitcoin.

The US Government currently holds at least 198,000 BTC ($23.5 billion) across multiple addresses held by different government entities; none of which have moved in 4 months. *This is not investment advice.

Continue Reading: Arkham Answers the Question Everyone's Wondering: "Did the US Government Secretly Sell Bitcoin?" – Reveals How Much BTC the US Holds!.

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