White House Official Says U.S. Is Exploring More Bitcoin for Reserve
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The US government is looking for ways to add Bitcoin to its reserves of approximately 325,000 BTC without burdening taxpayers. Former advisor Patrick Witt described three possible mechanisms.
The U.S. government is reportedly considering ways to acquire Bitcoin (BTC) for long-term holding as a national asset without imposing additional burdens on taxpayers. The statement was made by the then-President of the United States Digital Transformation... The post U.S. government considering acquiring additional Bitcoin for long-term holding = Former cryptocurrency official first appeared on NADA NEWS.
The White House looks at ways to incorporate Bitcoin into the US strategic reserve through existing federal funding flows, rather than buying it directly from the open market.
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