FYI The US Government holds 205,000 bitcoins.

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Take that, Saylor!

Less than 1/3 of GBTC

Ahh that’s where you’re mistaken. They own all bitcoin that isn’t self custodied by individuals. They just write some words on a fancy sheet of paper and take it from GBTC for national security or to save the kids or something.

The government has GBTC custody their coins?

No. The point being the govt can easily confiscate all of the coins gbtc holds.

😅