The US Department of Justice is set to auction $6.5 billion in Bitcoin seized from Silk Road, following a court ruling. This move is part of the US government's larger Bitcoin reserves, currently holding 198,000 BTC worth $18.5 billion. Speculation suggests the Biden administration might sell all government-held Bitcoin before Trump's potential presidency. Despite concerns, past government Bitcoin auctions have had minimal lasting impact on prices. Analysts highlight that these auctions are transparent, avoiding direct market sales that could cause price drops. The US has missed out on nearly $17.9 billion in potential profits from previous Bitcoin sales.