🚀💥 The digital asset war is in full swing and it promises to change the cryptocurrency landscape forever! 🌍💸
Nations are locked in an intense battle for crypto supremacy, and the United States is playing its cards in secret. The U.S. government is quietly moving its Bitcoin holdings, while rising powers threaten to overtake them in the race to dominate the digital economy.
In his latest podcast, Aaron Arnold of Altcoin Daily sheds light on this dynamic of the digital asset war. He reveals that the United States quietly holds over 200,000 Bitcoins $BTC , making it the largest geopolitical holder of Bitcoin. However, he believes that wealthy Middle Eastern countries could well take over the top spot.
Arnold doesn’t think selling Bitcoin is a wise option for the United States. He says holding onto and even increasing its Bitcoin reserves would be a more beneficial strategy, especially since former President Donald Trump promised to boost Bitcoin holdings if re-elected. In addition to Bitcoin, the U.S. government also owns 50,000 Ether ($ETH ), or about $134 million.
But beware, the US could be overshadowed by other major players. Norges Bank, Norway’s central bank, holds over 1.1 million shares of MicroStrategy, a proxy for investing in Bitcoin. Additionally, Norway’s sovereign wealth fund recently increased its Bitcoin holdings to 2,446 BTC.
Meanwhile, Russia is not standing still! President Putin has signed a new law on cryptocurrency mining, marking a strategic offensive to carve out a prominent place in the global crypto-asset market. The law aims to strengthen mining regulation and support Russia’s efforts to capitalize on the digital economy.
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