The US Government Has Secretly Sold Nearly 80% of Its Bitcoin Reserves, Retaining Around 28,988 BTC, a Move That Has Sparked Controversy in the Cryptocurrency Community.
This sale has slowed down the development of the United States' strategic Bitcoin reserves, putting the country under competitive pressure from China and other nations in the global cryptocurrency race.
- The US Government Has Sold Over 80% of Its Bitcoin Reserves, Keeping Only Around 29,000 BTC.
- The Bitcoin Sale Is Controversial and Has Slowed the US's Cryptocurrency Strategic Approach.
- This Action May Cause the US to Fall Behind China and Other Countries in the Bitcoin Race.
Why Are the US Bitcoin Reserves Important?
President Donald Trump Once Leveraged Bitcoin Policy to Attract Attention from Young Investors and the Cryptocurrency Community, Promising to Establish a Strategic Bitcoin Reserve with a Clear Legal Framework. Therefore, Bitcoin Reserves Are Considered an Important National Strategic Asset.
Selling Almost the Entire Bitcoin Reserve Causes the US to Lose Its Competitive Advantage Against China, as Institutional Investors and Nations Increasingly Anticipate the Bitcoin Price Surge.
Analysis of the Financial Impact of Bitcoin Sales
The German Government Previously Sold Its Entire Bitcoin Reserve Before BTC Prices Exceeded $60,000, Resulting in Billions of Dollars in Losses Due to Missed Opportunities. This Situation Shows That If the US Does Not Retain a Sufficiently Large Bitcoin Amount, They May Suffer Similar Financial Losses.
Selling Over 80% of Bitcoin Reserves Is a Serious Strategic Mistake That Will Set the United States Back Years in the Bitcoin Development Race.
— Cynthia Lummis, US Senator, 16/7/2025
How Were the Bitcoin Sales Conducted and Why Were There No on-chain Traces?
According to Reports from the U.S. Marshals Service, the Bitcoin Was Sold Quietly, Leaving No Clear on-chain Blockchain Transaction Traces. This Makes Verification and Transaction Analysis Difficult for the Community and Oversight Agencies.
Some Experts Suggest That This Move Aims to Avoid Market Volatility or Negative Reactions from the Public and Cryptocurrency Investors.
Community and Legislative Responses to Bitcoin Sales
Senator Cynthia Lummis and Pro-Cryptocurrency Legislators Have Criticized This Decision, Emphasizing That Failing to Maintain Bitcoin Reserves Could Weaken the US's Economic and Technological Position.
Ms. Lummis Affirms That the US Needs to Establish a Long-term Strategic Bitcoin Reserve as Part of National Financial Policy to Increase Competitive Strength.
We Need to Design a Clear Bitcoin Strategy to Maintain Our Leadership and Avoid Falling Behind the World.
— Cynthia Lummis, US Senator, 2025
Comparing Bitcoin Sale Impacts Across Countries
| Country | Bitcoin Reserves | Sale Timing | Financial Impact |
|---|---|---|---|
| United States | Approximately 29,000 BTC After Sale | Mid-2025, Discreetly | Reduced Price Surge Opportunities, Falling Behind in Cryptocurrency Race |
| Germany | Entire Reserve Sold | Before BTC Price Exceeded $60,000 | Lost Billions of Dollars by Not Holding Coins |
Frequently Asked Questions
- How Many Bitcoins Does the US Government Currently Hold?
- Approximately 28,988 Bitcoin After Selling Over 80% of Its Reserves According to Official Reports.
- Why Is the US Government's Bitcoin Sale Controversial?
- The Secret Sale Without on-chain Traces Slows the Development of the US's Strategic Reserves and Causes Them to Fall Behind in the Global Race.
- Who Spoke Out Against the Bitcoin Sale?
- Senator Cynthia Lummis Is One of the Most Vocal Bitcoin-Defending Legislators, Criticizing This Action.
- How Does This Action Affect the Cryptocurrency Market?
- It Reduces Confidence in Strategic Reserves and Makes US Competition with Other Countries More Difficult.
- Have Governments of Other Countries Taken Similar Actions?
- Germany Also Previously Sold Its Entire Bitcoin Reserve Before a Significant Price Increase, Causing Large Financial Losses for the Government.
