The U.S. government has significantly increased its strategic Bitcoin reserves, following the inclusion of assets seized from Prince Group. According to Galaxy Research, since March, the U.S. Treasury has been authorized to incorporate confiscated digital assets into its Bitcoin reserves. This recent addition has expanded the reserves by 64% overnight, now equating to approximately 3.5% of the U.S. gold reserves in dollar terms. Currently, the U.S. government holds more Bitcoin than any entity except MicroStrategy, highlighting its substantial position in the cryptocurrency market. This strategic move underscores the growing importance of digital assets in national reserves.
U.S. Government Expands Bitcoin Reserves by 64% Overnight
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