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Treasury Secretary Bessent Reveals $20B Bitcoin Holdings

Published by
Qadir AK

US Treasury Secretary Scott Bessent confirmed that the United States holds up to $20 billion worth of Bitcoin as part of its digital asset reserves. This significant holding reflects the government’s ongoing involvement in the cryptocurrency space and underscores Bitcoin’s growing role in financial markets. The announcement highlights a new era of digital asset recognition at the highest levels of government, indicating a strategic interest in Bitcoin alongside traditional financial instruments.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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