🚨US Government Set to Sell $1.8 Billion in BTC🚨$BTC
The news broke on December 2 that the US government had transferred approximately 19,800 BTC (or $1.8 billion) to Coinbase, hinting at an imminent sale.
The move is part of a series of similar transactions, bringing the total transfers to 25,999 BTC (about $2.49 billion) since the beginning of the year.
However, the move is not unanimous. According to Jason Lowery, a US Space Force engineer and avid Bitcoin advocate, selling these digital assets would be a “huge strategic mistake.” He says that there is “no price point where it would make sense for the United States to sell bitcoin” under its control.
