BREAKING: US Government Sells 10,000 #Bitcoin Worth $650,000,000 !! 💥🇺🇸
This major move comes just one day after the announcement of the Bitcoin Reserve Bill. This bill outlines a 1-million-unit Bitcoin purchase program aimed at acquiring a total stake of approximately 5% of the total Bitcoin supply, mirroring the size and scope of gold reserves held by the United States.
Context: National Debt and Bitcoin Sale
With over $35 trillion in national debt, this sale raises questions about the U.S. government's strategy and timing. Why would the U.S. dump Bitcoin shortly after proposing a massive Bitcoin reserve acquisition? 🤔💭
Your Thoughts?
- Why do you think the U.S. government is selling Bitcoin now?
- What could be the implications for the market?
Comment below & follow for more updates! 👇👇