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How a bitcoin stockpile would work. The United States already owns nearly $20 billion worth of bitcoin obtained through legal seizures, according to crypto tracking firm Arkham Intelligence.
Trump's pledge to create a bitcoin stockpile has been one of the bullish developments that's propelled the token to all-time highs since the election. Why the US under Trump might start amassing ...
Create a government stockpile of Bitcoin: During the conference, Trump noted that his administration would “keep 100 percent of all the Bitcoin the U.S. government currently holds or acquires ...
Bitcoin could soar to $500,000 if Trump creates a national reserve, Bitwise CIO Matt Hougan said.. The US creating a national stockpile will influence other countries to follow suit, he predicted ...
BlackRock's iShares Bitcoin Trust and Grayscale Bitcoin Trust hold 344,070 and 240,140 tokens respectively, according to data site BitcoinTreasuries. A government bitcoin stockpile could shore up ...
The bill envisages that the Treasury would create a program to buy 200,000 bitcoins annually for five years until the stockpile hit one million tokens. This would represent about 5% of the total ...
He pledged to fire SEC Chair Gary Gensler, one of the industry’s greatest antagonists; appoint a crypto presidential advisory council; and establish a "strategic national bitcoin stockpile" with ...
The stock of MicroStrategy , a ... and establish a "strategic national bitcoin stockpile" with the help of Congress. Bitcoin then surged to a new all-time high above $93,000 in the week following ...
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