Bessent Clarifies U.S. Bitcoin Reserve Plans - Unchained

U.S. Treasury Secretary Scott Bessent said on Fox Business that the government would not purchase bitcoin to grow its new Strategic Bitcoin Reserve, which currently holds an estimated $15–20 billion in assets seized by law enforcement

Instead, he said the reserve would be expanded through future confiscations, ending the practice of selling such holdings.


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Later on Thursday, Bessent posted on X that Treasury remains “committed to exploring budget-neutral pathways to acquire more bitcoin.”

The reserve, established by a March executive order, aims to position the United States as a global leader in digital asset reserves, a strategy closely watched by both industry and foreign governments.

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