How many bitcoins are owned by the US government?

3 answers

• Dec 25, 2021 · 3 years ago
  As of now, it is estimated that the US government owns approximately 69,370 bitcoins. This figure is based on publicly available information and may not be completely accurate. It is important to note that the US government's bitcoin holdings are primarily seized or confiscated assets from illegal activities, and they are managed by various government agencies such as the Department of Justice and the Internal Revenue Service. These bitcoins are typically auctioned off or sold to the public through approved channels.
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• Dec 25, 2021 · 3 years ago
  Well, the US government doesn't disclose the exact number of bitcoins it owns, but it is known to have a significant amount. The government's involvement in the cryptocurrency market is mainly through law enforcement activities, where they seize bitcoins from illegal activities like drug trafficking and money laundering. These seized bitcoins are then managed and sold by government agencies. So, while we don't have an exact number, it's safe to say that the US government has a considerable stake in the bitcoin market.
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• Dec 25, 2021 · 3 years ago
  According to the latest available information, the US government's bitcoin holdings are estimated to be around 69,370 bitcoins. These bitcoins are primarily seized or confiscated assets from criminal activities. The US government auctions off these bitcoins through various channels to the public. It's worth noting that the US government's involvement in the cryptocurrency market is primarily focused on law enforcement and asset recovery, rather than active trading or investment.
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