🇺🇸 Treasury Secretary Scott Bessent: U.S. Holds $17B in Bitcoin, Will Not Sell, and Plans to Continue Accumulating

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In a recent television interview, Treasury Secretary Scott Bessent revealed that the U.S. government holds approximately $17 billion in Bitcoin, primarily acquired through confiscated assets. He emphasized that the government has no plans to sell this Bitcoin and intends to continue accumulating more through budget-neutral pathways. Bessent clarified in a subsequent post on X (formerly Twitter) that the Treasury Department is committed to exploring ways to expand its Bitcoin reserve without impacting the federal budget.

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