Arkham Intelligence Reveals US Government Holds $24 Billion in Bitcoin

Blockchain firm Arkham Intelligence has made a stunning revelation : the US government currently holds nearly 198,000 Bitcoin, valued at 24 billion dollars. This announcement puts an end to persistent rumors about a massive sell-off of the government’s crypto assets.

US government Bitcoin wallets
Source: Arkham Intelligence

The figures revealed by Arkham place the United States well above other governments in terms of Bitcoin holdings. With approximately 198,000 BTC, American reserves far surpass those of the United Kingdom (7 billion dollars) and Bhutan (1.3 billion dollars).

This possession symbolically represents 0.065% of the US national debt, which exceeds 37 trillion dollars. Although negligible for bridging this abyssal gap, this share highlights a form of institutional recognition of Bitcoin as a digital asset held by the state.

Concerns Dispelled, New Questions About Bitcoin’s Future

Recent rumors of a massive sale of government Bitcoin reserves had sparked serious concerns within the crypto community. Fortunately, Arkham’s revelation dispels these fears. Nevertheless, the question remains whether such sales might take place in the future, either to reduce debt or fund other initiatives.

Meanwhile, Senator Lummis’s project to build a Bitcoin reserve to reduce American debt is reportedly about to be presented. According to the latest information, it will be introduced just after the “Market Structure Bill” and could well alleviate these new concerns.

More on this topic :

Risk Warning : Trading financial instruments and/or cryptocurrencies carries a high level of risk, including the possibility of losing all or part of your investment. It may not be suitable for all investors. Cryptocurrency prices are highly volatile and can be influenced by external factors such as financial, regulatory, or political events. Margin trading increases financial risks.

CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Before engaging in financial or cryptocurrency trading, you must be fully informed about the associated risks and fees, carefully evaluate your investment objectives, level of experience, and risk tolerance, and seek professional advice if needed. InvestX.fr and the InvestX application may provide general market commentary, which does not constitute investment advice and should not be interpreted as such. Please consult an independent financial advisor for any investment-related questions. InvestX.fr disclaims any liability for errors, misinvestments, inaccuracies, or omissions and does not guarantee the accuracy or completeness of the information, texts, graphics, links, or other materials provided.

Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.

Get 6200 USDT with Bitget ! 🔥

Don't miss out on this offer !
Create your account now to unlock this exclusive reward
Open a Bitget account
close-link
Click Me