3 hours ago

US Treasury Plans to Explore Budget-Neutral Bitcoin Purchases for Strategic Reserve

TLDR Treasury Secretary Scott Bessent clarified the US is exploring “budget-neutral” ways to acquire more Bitcoin Earlier statements suggesting no new Bitcoin purchases were contradicted by a later tweet The Strategic Bitcoin Reserve currently holds $15-20 billion in Bitcoin Bitcoin price fell from a record high of $124,000 to around $118,000 amid the confusion The [...]

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