Besenet clearly stated that the U.S. government will not purchase cryptocurrencies as reserves, only treating confiscated assets as strategic reserves.
In fact, this is not surprising at all, consistent with the previous hype around the BTC strategic reserve narrative, and it’s not really bad news.
Even if they were to buy in, don’t expect the U.S. government to buy large amounts of BTC; just providing moral support is enough. #Bitcoin
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