U.S. Treasury Secretary Bessent’s Comments on Bitcoin: Strategic Reserve Strategy Unveiled

U.S. Treasury Secretary Janet Yellen’s recent remarks on Bitcoin sparked a market rollercoaster, revealing nuances in the U.S.’s strategic reserve strategy. While initially suggesting a halt to bitcoin purchases, she clarified that the government remains committed to incorporating seized Bitcoin into its reserves and exploring budget-neutral methods for expansion. This stance has significantly impacted investor sentiment regarding the asset’s role in national reserve portfolios.