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  • Sohrab Khawas
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    Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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U.S. Government Becomes Major Bitcoin Holder

The U.S. government now owns around 316,760 Bitcoin, valued at approximately $35.9 billion, making it one of the biggest publicly known Bitcoin holders worldwide. Much of these holdings come from large seizures of illicit Bitcoin, managed by the Treasury Department. This stash is likely part of the Strategic Bitcoin Reserve initiative launched to strengthen America’s position in digital assets. The government’s Bitcoin reserve highlights its growing role in cryptocurrency, with potential impacts on the market yet to unfold as policies develop around these digital holdings.

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