According to Odaily Planet Daily, Bryan Courchesne, CEO and founder of the US Digital Asset Investment Management Company (DAiM), shared insights on how the US government began to hold Bitcoin as a strategic reserve asset.
He described that the Department of Justice holds about 200,000 Bitcoins, so the United States is the largest holder of Bitcoin and they can easily transfer it to the Treasury Department, thus having $13 billion worth of Bitcoin on its balance sheet.
Earlier news revealed that the US asset management company DAiM launched a Bitcoin 401(k) plan in November 2020.
