The United States government is sitting on 328,372 BTC, worth approximately $25 billion, making it the single largest sovereign holder of Bitcoin on the planet. Not bad for a collection that was never actually purchased. Every last satoshi in that reserve came from criminal and civil asset forfeitures, including seizures tied to the Silk Road marketplace and the Bitfinex hack. The government essentially stumbled into becoming a Bitcoin whale through law enforcement, then decided to keep the coins instead of auctioning them off like it used to. From evidence locker to strategic asset The pivot happened on March 6, 2025, when President Donald Trump signed Executive Order 14233, formally establishing the Strategic Bitcoin Reserve. The order did two important things: it consolidated all federally seized Bitcoin under a single framework, and it explicitly prohibited the sale of any coins in the reserve. The Treasury Department now manages the reserve alongside a separate entity called the U.S. Digital Asset Stockpile, which handles other forfeited tokens that aren’t Bitcoin. The distinction matters because the executive order treats Bitcoin differently from every other digital asset, es...
United States holds largest national Bitcoin reserves at 328,372 BTC
3 weeks ago
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