US Government Owns More Than 1% of Total Bitcoin Supply – Will They Dump It?

US Government Owns More Than 1% of Total Bitcoin Supply – Will They Dump It?

Source: Unsplash

The US government now holds more than 214,000 bitcoin (BTC), making up over 1% of the total capped bitcoin supply. The new milestone was reached after a government announcement on Monday said it had seized more than 50,000 BTC associated with the illegal online marketplace Silk Road.

According to Monday’s announcement from the US Department of Justice, 50,676.17 BTC were seized from a Silk Road thief. The latest…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *