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| Foto:U.S. Treasury Secretary Scott Bessent |
VISTORBELITUNG.COM,WASHINGTON – In a recent interview, U.S. Treasury Secretary Scott Bessent clarified the government's approach to its strategic Bitcoin reserve, stating definitively that the government "is not going to be buying" Bitcoin. The announcement comes amidst a fluctuating crypto market and provides a clear picture of the administration's policy on digital assets.
Bessent, in an appearance on Fox Business, explained that while the U.S. government maintains a "Strategic Bitcoin Reserve," it will not be acquiring new Bitcoin through direct market purchases. Instead, the reserve will continue to grow through the ongoing seizure of digital assets from criminal or civil forfeiture proceedings.
This approach is in line with a previous executive order from the President, which established the reserve and outlined a policy of not selling the Bitcoin it holds. Bessent estimated the current value of the U.S. government's Bitcoin holdings to be between $15 billion and $20 billion.
The statement is significant as it sets a clear boundary on how the government plans to interact with the cryptocurrency market. While the administration has shown a generally supportive stance toward the digital asset industry, this policy indicates a cautious, non-interventionist role for the government in terms of market participation.
Bessent’s comments suggest a model where the government's Bitcoin holdings are viewed as a strategic asset, built upon law enforcement actions rather than taxpayer-funded purchases. This approach is intended to provide a secure and orderly management of the country's digital asset holdings, without directly influencing the market through large-scale buying.
This announcement from the Treasury Secretary provides important clarity for both the financial markets and the broader crypto community, confirming that the U.S. government's Bitcoin reserves will grow gradually and solely through the assets it confiscates.