How much Bitcoin does the U.S. hold and where did it come from?

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How much Bitcoin does the U.S. hold and where did it come from?

How much Bitcoin does the U.S. hold and where did it come from?

⚫️198,109 BTC, worth $17.7bn, is currently controlled by the U.S. Treasury, primarily from criminal and civil asset seizures
⚫️According to Trump’s March 6 executive order, the strategic Bitcoin reserve will be funded through confiscated assets. Government agencies must conduct an audit to determine the actual holdings

Largest confiscations:

⚫️69,370 BTC (Silk Road, 2020): seized from hacker “Individual X,” who surrendered stolen funds to authorities
⚫️94,636 BTC (Bitfinex, 2022): confiscated from Ilya Lichtenstein after private keys were found in a cloud storage account
⚫️51,351 BTC (Silk Road, 2022): discovered in a floor stash and popcorn tin belonging to hacker Jimmy Zhong

Will these BTC be sold?

⚫️U.S. government previously auctioned seized BTC, but the White House has now banned further sales
⚫️The Treasury and Commerce Department will explore ways to expand the reserve without burdening taxpayers

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