🚨 Venezuela's Bitcoin Shadow Reserve
Intelligence reports suggest Venezuela has secretly amassed a substantial Bitcoin and Tether stablecoin reserve, potentially exceeding $60 billion. This strategic move, allegedly initiated in 2018, aims to circumvent international sanctions. 🕵️♂️
The alleged process began in 2018 with Venezuela exporting 73.2 tons of gold, valued at $2.7 billion. This gold was reportedly moved through Turkey, the UAE, and Iran.
It was then purportedly converted into Bitcoin via Over-the-Counter (OTC) brokers. Furthermore, by December 2025, state-owned oil company PDVSA is said to have collected 80% of its oil revenue in Tether stablecoin, subsequently converted into Bitcoin. 🔄
These gold swaps and oil settlements collectively imply holdings of over 600,000 Bitcoin. Such a reserve would rival MicroStrategy's extensive Bitcoin stash and significantly surpass that of El Salvador
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