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Reading: Bitcoin Price Gains as U.S. May Need to Reaccumulate Thousands of Coins
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Your Crypto News Today > News > Crypto > Bitcoin > Bitcoin Price Gains as U.S. May Need to Reaccumulate Thousands of Coins
Bitcoin

Bitcoin Price Gains as U.S. May Need to Reaccumulate Thousands of Coins

August 2, 2025 4 Min Read
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The worth of Bitcoin has rebounded sharply following yesterday’s dip to $115,807.32, climbing again above $118,571.79 in response to reside pricing knowledge from Bitcoin Journal Professional. The drop got here shortly after the White Home launched its extremely anticipated 166-page report on digital property—however failed to deal with one of the eagerly awaited updates: how a lot Bitcoin the U.S. authorities really holds in its newly created Strategic Bitcoin Reserve.

Earlier this yr, President Donald Trump signed an govt order to determine a Strategic Bitcoin Reserve and U.S. Digital Belongings Stockpile. On the time, White Home AI & Crypto Czar David Sacks acknowledged, “It’s estimated that the U.S. authorities owns about 200,000 bitcoin; nevertheless, there has by no means been an entire audit. The E.O. directs a full accounting of the federal authorities’s digital asset holdings. The U.S. won’t promote any bitcoin deposited into the Reserve. It is going to be saved as a retailer of worth. The Reserve is sort of a digital Fort Knox for the cryptocurrency typically known as ‘digital gold.’”

Nonetheless, the White Home’s newest digital property report, launched yesterday, made no point out of how a lot BTC the Strategic Reserve at present holds. That silence helped result in a quick however sharp selloff available in the market—till new particulars started to emerge.

In line with a just lately surfaced FOIA request dated March 24, 2025, and filed with the U.S. Marshals Service (USMS), the federal government company confirmed it at present holds solely 28,988.35643016 BTC. The official response was despatched July 15, 2025, from the Workplace of Normal Counsel, with affirmation that the information originated from the Asset Forfeiture Division.

L0la L33tz, the journalist who obtained the information, reported: “US Marshal Service liquidates property in public auctions, so except they introduced a sale, this record ought to be correct. Complete BTC holdings are 28,988.35643016, or approx. $3.44 Billion at present worth.”

Notably, the Division of Justice had been cleared to promote 69,370 BTC earlier than Trump took workplace, with no current public auctions introduced since then.

Though, Bitcoin bulls had been reinvigorated after Bo Hines, Govt Director of the President’s Council of Advisers for Digital Belongings, responded in a follow-up interview: “We perceive the significance of this Strategic Bitcoin Reserve…We do consider in accumulation. There are numerous methods we are able to interact in that.”

If the U.S. authorities really holds considerably lower than the beforehand estimated 200,000 BTC, and intends to purchase extra at present costs above $118,000, the stress on accessible provide may very well be immense and ship the asset to new all-time highs. As Hines emphasised a number of instances now, the U.S. desires to build up as a lot bitcoin as they’ll get, repeatedly referring to it as “digital gold.”

Additional fueling hypothesis, Hines famous that the administration is exploring “price range impartial” methods to purchase BTC—certainly one of which is income from tariffs. Simply this week, the White Home introduced it had collected $150 billion in tariff income over the past six months.

JUST IN: 🇺🇸 President Trump’s Govt Director Bo Hines mentioned the US might purchase #Bitcoin utilizing income from tariffs. pic.twitter.com/JxnYeFx170

— Bitcoin Journal (@BitcoinMagazine) April 15, 2025

This submit Bitcoin Worth Good points as U.S. Might Must Reaccumulate 1000’s of Cash first appeared on Bitcoin Journal and is written by Nik.

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