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BREAKING: The White House says the U.S. Strategic Bitcoin Reserve is now being formally structured.
* The U.S. currently holds 328,372 BTC worth about $25 billion, making it the world's largest known government Bitcoin holder.
* The Bitcoin was acquired through criminal and civil asset forfeitures, not market purchases.
* The administration says the reserve will not be sold.
* A separate Digital Asset Stockpile will hold seized assets such as Ethereum, XRP, and other cryptocurrencies.
* The White House is now building the legal and operational framework to manage the reserve.
Meanwhile, Congress is considering the American Reserves Modernization Act, which would direct the Treasury to acquire up to 1 million BTC over five years with a 20 year minimum holding period. If enacted, the U.S. would become the first country to formally purchase Bitcoin as a national reserve asset
#GoldTops4200 #TradFiCFDGoldMasters $BTC