The US government owns more than 183,000 Bitcoins, worth about $12 billion, making it the largest geopolitical holder of this decentralized currency.
According to Arkham Intelligence data, the government also holds 50,000 Ethers, 121 million USDT, 40,000 BNB and more than 10 million USD Coin.
The most recent known transaction from government-controlled wallets took place on July 29, and involved the transfer of nearly 28,000 BTC.
On July 27, during the Bitcoin 2024 conference in Nashville, Tennessee, Senator Cynthia Lummis announced her bill to designate Bitcoin as a strategic reserve asset for the United States.
She suggested purchasing 5% of the total Bitcoin supply and holding it as a Treasury asset.