📌 US Government Bitcoin Stash Would Be Worth an Extra $16,634,000,000 if the DOJ Hadn’t Sold BTC: David Sacks – The White House’s “Crypto Czar,” David Sacks, says the US government would own an extra $16.634 billion worth of Bitcoin if the Department of Justice (DOJ) had held onto its BTC. Sacks notes the federal government has sold approximately 195,000 Bitcoin for $366 million, far less than it could
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The White House’s “Crypto Czar,” David Sacks, highlights a missed opportunity for the US government, noting that the #DOJ’s decision to sell approximately 195,000 #Bitcoin for $366 million left billions on the table. Had the Department held onto the BTC, its value would have surged by an additional $16.634 billion. Sacks underscores the potential financial implications of past government sales in the volatile #crypto market, sparking debates on strategic asset management. This revelation emphasizes the importance of timing in the dynamic world of cryptocurrencies.
#Macro Insights# #CryptoCzar# #BitcoinValue#