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Home»Bitcoin»Senator Lummis hits the Bitcoin sale of the United States as a ‘strategic blunder’
Bitcoin

Senator Lummis hits the Bitcoin sale of the United States as a ‘strategic blunder’

2025-07-17No Comments3 Mins Read
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US Marsals revealed that the government owns 28,988 BTC instead of the expected 189k BTC. Pro-BTC Senator Lummis mentioned the update a ‘strategic blunder’ if true.


The US government has achieved the headlines in the midst of speculation that it may have sold a large part of his Bitcoin [BTC] Holdings.

The US Marshals Service (USMS), the entity that forfeited the guardian Crypto -Activa, has only 28,988 BTC ($ 3.4 billion).

This was according to a Freedom of Information Act (Foia) request Posted by an independent crypto reporter and X user, L0LA L33TZ.

David Bailey, chairman of the Bitcoin conference, called it ‘Bullish’ and called it added”

“It seems that we may know how much bitcoin the US government is now holding, and it is about 85% less than expected.”

American bitcoinAmerican bitcoin

Source: David Bailey/X

The revelations aroused different views, but the consensus tended towards a possible sale of the government.

Senator Lummis responds: a ‘strategic blunder’ for the US

Worth pointing out that Arkham facts estimates that the USGOVERNMENT has around 198k BTC (worth $ 23 billion) from July 2025.

According to the guardianship portfolios of the government that follows, this is. In other words, the USMs must have the 198k BTC.

But others were quick that none of the BTC on-chain has been moved.

In fact, security investigator, Tay vano, stated That approximately 69.37k BTC seized from Silk Road still had to be forfeited (made ownership of the state).

That is why it did not appear in USMS guardianship and the government could still keep more than 28.9k BTC.

See also  Bitcoin vs Ethereum – This is why Raoul Pal is backing ETH in a post-election race

Bailey, however, doubted this and said That the US probably sold some of the companies through Swaps, so that no trace is left on the chains.

“I think it’s convincing that they sold without creating an onchain footprint”

American bitcoinAmerican bitcoin

Source: David Bailey/X

One of the on-chain analysts, Sani, agreed That the only large custody that can handle such swaps was Coinbase. Interestingly, the company acts as the USMS guardianship provider.

Most BTC companies from the US government were of forfeiture and seizures by the FBI and other research services.

In addition, the 198k BTC reportedly included the US the Bitfinex Hack, which the court ordered To be returned to the exchange at the beginning of 2025. In other words, it was not surprising that the government had less BTC.

So, what is the next step for the Strategic BTC Reserve (SBR) defended by President Donald Trump?

Pro-BTC reserve champion Senator Cynthia Lummis said she was ‘alerted’ by the update and called It is a ‘strategic blunder’ for the US

“If it is true, this is a total strategic blunder and puts the United States in the Bitcoin race for years.”

Since the beginning of 2025, the chances From an American SBR that will be created by 2025, have fallen from almost 80% to 30% from July, according to polymarket for the forecast site.

Previous: How a new American invoice you can use Bitcoin for home loans

Next: Whale will send $ 73 million XRP to Coinbase-a sale soon?

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