Jan 2025 - US Gov prepares to sell 69,370 BTC for ~6.9 Billion USD.
Later in 2025 - US Gov plans to acquire 70,000 BTC for a strategic Bitcoin reserve for 14 Billion USD.
Nothing good ever came from copying the Germans.
Discussion
"Bitcoin reserves" save LA! 🥳
- Only to lead to more inflation so that government can buy the bitcoin back eventually
Nobody who has every sold all their BTC now has more coins than they had before!
The proceeds would fund the federal government for about 8 hours.
These doesn't belong to Ross? Once free it must be return to him, right?