US Government Becomes Second Largest Bitcoin Holder After Auctioning Seized Crypto
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The US government has seized over 200,000 BTC worth over $7B, making it the 2nd largest BTC holder after Satoshi Nakamoto.
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The DOJ has sold 195,000 BTC at auction so far, missing out on over $6B in potential gains according to Jameson Lopp.
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No single entity besides Satoshi holds more BTC than the DOJ. MicroStrategy has the largest corporate treasury at 158,245 BTC.
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The DOJ's BTC balance grew by nearly 100k BTC in 2022 from the Bitfinex hack case.
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Billionaire Tim Draper claims US regulations are "killing the golden goose of Silicon Valley" after missing his $250k BTC price prediction.