The Value of the United States (US) Government's Bitcoin (BTC) Assets Exceeded 9 Billion #Doların .

In the ever-evolving landscape of cryptocurrency, the US Government #Bitcoin portfolio has grown to over $9 billion. This treasure chest mainly stems from seized assets linked to incidents such as the 2016 #Bitfinex Hack and the 2012 Silk Road Hack. The bumpy ride in Bitcoin price was also reflected in the government's crypto wallet. The tops and bottoms in the Bitcoin price have had a significant impact on the amount of BTC held by authorities. At its peak, the government's #BTC portfolio grew to approximately $9.3 billion. But as of December 19, it has retreated slightly to its current valuation of over $9 billion.

However, 2023 has proven to be a year full of calculated maneuvers, with the US Government strategically divesting some of its Bitcoin assets. Two notable sales significantly affected this balance. The first was the sale of approximately 10,000 BTC, just before the unexpected banking crash in March. This move raises intriguing questions about the government's proactive stance, potentially leveraging cryptocurrency holdings as a precautionary measure in the face of financial instability.

#ABD The government sold 9,800 Bitcoins on March 14. In addition, he sold another 8,200 BTC on July 12.”

The second biggest sale took place in July. This event coincided with the price of Bitcoin peaking at $30,000. The government once again sold 10,000 BTC. Thus, he demonstrated a strategy to benefit from increases in cryptocurrency valuations. These tactical sales point to a carefully planned approach by the US Government to use Bitcoin as a liquid asset during periods of market volatility.