Strategic Bitcoin Reserve Remains a Policy Priority

[etfs]

According to Bitcoin Treasuries data, the US government now holds more than 328,000 BTC, worth over $31 billion at current prices. This includes more than 127,000 BTC forfeited from a Cambodia-linked “pig butchering” scam, underscoring how law enforcement actions have rapidly expanded federal Bitcoin holdings.

Witt said building out the Strategic Bitcoin Reserve remains a priority for the administration, pending coordination between the Treasury and Commerce departments. Meanwhile, legislation backed by Cynthia Lummis aims to accelerate accumulation toward 1 million BTC over five years—using budget-neutral methods that avoid taxpayer costs.

[cryptohog]

rumors travel faster than onchain confirmations as usual