🇺🇸 The U.S. Government Already Holds a Massive Bitcoin Reserve
Did you know the U.S. government currently holds an estimated 328,372 BTC, worth roughly $28.2 billion at current prices? Most of this Bitcoin was acquired through seizures and forfeitures rather than direct market purchases, making the U.S. one of the largest known state Bitcoin holders.
🔹 328,372 BTC currently held
🔹 ~$28.2B estimated value
🔹 H.R. 8957 advanced through a House committee vote
🔹 Existing reserve $BTC is protected under the current Strategic Bitcoin Reserve framework
🔹 A separate Senate proposal, the BITCOIN Act, would authorize acquiring up to 1 million BTC over five years
🧠 Important: No law authorizing those 1 million BTC purchases has passed, and no confirmed open-market buying program is currently underway.