US Government Holds $5.4 Billion in Seized Bitcoin, Becoming One of World's Largest Long-Term Holders

The US government has seized around 200,000 BTC from cybercriminals and holds one of the world's largest Bitcoin stashes worth $5.4 billion.

The government is in no rush to sell the Bitcoin and has become an unintentional long-term holder.

Sales of seized Bitcoin happen slowly to avoid market impact, often taking years due to legal proceedings.

Government agencies like DOJ and IRS keep the Bitcoin offline in hardware wallets until cases conclude.

The government has made some large Bitcoin sales recently but spreads them out over time via exchanges like Coinbase.