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U.S. Treasury Secretary: Government Begins Incorporating Seized Bitcoin into "Strategic Reserve"

2026-01-08 06:29

Odaily News According to Fox Business, U.S. Treasury Secretary Scott Bessent stated that the government has begun incorporating Bitcoin seized through law enforcement into a "strategic reserve," moving away from routine auction disposals. Bessent clarified that the government will not purchase Bitcoin on the open market but will hold the seized assets long-term.