US Moves Closer to a Strategic $BTC Reserve
U.S. lawmakers are advancing a bill that would establish a Strategic Bitcoin Reserve.
If it becomes law, Bitcoin held in the reserve would be subject to a minimum 20-year holding period.
The U.S. government is estimated to hold around 324,000 $BTC , currently worth roughly $26 billion.
The bill still needs to go through the remaining steps of the legislative process before it can become law.
#Macro Insights#
U.S. lawmakers are advancing a bill that would establish a Strategic Bitcoin Reserve.
If it becomes law, Bitcoin held in the reserve would be subject to a minimum 20-year holding period.
The U.S. government is estimated to hold around 324,000 $BTC , currently worth roughly $26 billion.
The bill still needs to go through the remaining steps of the legislative process before it can become law.
#Macro Insights#
