Speaking on the same, David Bailey, chairman of the Bitcoin Conference, termed it ‘bullish’ and added,
“It looks like we might know how many Bitcoin the U.S. government is holding now, and it’s about 85% less than thought.”
Source: David Bailey/X
The revelations elicited divergent views, but the consensus leaned toward a potential sell-off by the government.
Senator Lummis reacts: A ‘strategic blunder’ for the U.S.
Worth pointing out that Arkham data estimates that the U.S.government holds about 198K BTC (worth $23 billion) as of July 2025.
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