Techub News reported that Coinbase CEO Brian Armstrong stated on X that the U.S. government should never sell Bitcoin. He revealed that about 25% (excluding debt) of Coinbase's balance sheet consists of cryptocurrencies, with approximately half being Bitcoin. He pointed out that it is currently difficult to bear the higher risk of Bitcoin allocation, as most of Coinbase's liabilities are still denominated in U.S. dollars.

Techub News previously reported that a wallet address marked as belonging to the U.S. government 'Silk Road' transferred 19,800 Bitcoins, followed by a transfer of 10,000 Bitcoins to Coinbase.