đ¨ JUST IN: U.S. TREASURY DEFENDS TRUMPâS BITCOIN RESERVE
Treasury Secretary Scott Bessent publicly defended President Trumpâs Bitcoin Reserve strategy while testifying before Congress.$PAXG
đŹ âThe asset seizure â that $1 billion of Bitcoin was seized, $500 million was retained. And that $500 million has become over $15 billion.â
đ Key takeaway:
⢠$500M in seized $BTC
⢠Now worth $15B+
⢠30x+ appreciation for U.S. taxpayers
đď¸ Bessent framed Bitcoin not as speculation, but as a strategic asset, highlighting how holding seized BTC massively outperformed traditional asset disposal.$ZAMA
âĄď¸ This marks one of the strongest pro-Bitcoin statements ever from a sitting U.S. Treasury Secretary â and reinforces the idea that BTC is quietly becoming part of sovereign balance sheets.
đĽ From âsell immediatelyâ to strategic reserve â the narrative has fully shifted.
