US can hold up to 88K BTC in the Bitcoin Strategic Reserve

The American government can have a maximum of 88,000 BTC for its new announced strategic reserves Bitcoin, according to Aleks Thorn, Head of Research in Galaxy Research.

In Mar. Post on X, Thorn has noted that while the government currently has about 198,000 Bitcoin (Btc), 112,000 BTC must be returned to Bitfinek after the previous seizure. This means that only part of the property, a maximum of 88,000 BTCs can be used for reserves.

According to the White House AI and Cripto Czar David Bag, Beginner Bitcoin for reserve It should result from the seized digital assets, providing additional taxpayers’ costs. However, the analysis of thorns suggests that it only seizes Bitcoin, not all seized shares, significantly reducing the potential size of the reservation.

Thorn also pointed out that bitcoin consists of 97.7% of the government’s digital property and that percentage increases at 98% when Bitcoin is wrapped (Vbtc) is taken into account.

Trump’s decision to determine The reserve is widely praised in the crypton space. CEO Coinbase Brian Armstrong called “Historical moment for Bitcoin and Crypto”, predicting that other G20 nations will notice and potentially follow the advantage of the United States.

The head of Galaxy Digital research, Ryan Rasmussen, announced the wider implications of strategic Bitcoin, claiming to remove fears from the US government that sold large quantities of Bitcoin and strengthens the institutional adoption case.

This regulatory change, said, would encourage more nations, wealth managers, financial organizations, and even state governments to buy Bitcoin.

According to Rasmussen, the judgment also diminished the possibility that the United States would impose strict rules on Bitcoin. It would be inefficient to prohibit or regulate Bitcoin because the government actively owned it. As a result, industry experts believe that this policy is basically basically this shift changes Bitcoin narrative.

Bitcoin still keeps a strong position despite the recent market turbulence, about $ 87,800 at the time of the press. The coming summit for the CRIPTO white house Mar.7, where legislators and company managers are expected talk Bitcoin role in the financial system is expected, shape the market feeling.