by: xpoolPosted on:

U.S. to Acquire More Bitcoin for Debt Reduction Strategy

In a move designed to address the nation’s substantial debt, U.S. Treasury Secretary Scott Bessent stated that the Trump administration plans to establish a strategic Bitcoin reserve (SBR). He revealed the plan during an X post, confirming that the U.S. will use approximately $15 billion to $20 billion in BTCs confiscated by the government to build this SBR. 📚 His comments follow previous statements where he ruled out direct Bitcoin purchases.

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