The US government holds 16B dollars in Bitcoin, eyes 1m BTC within a new account

From 12. March, the US government controls 195,234 Bitcoin, values ​​more than $ 16 billion, according to the new Nansen report.

Government portfolio Cripto also includes Etheum 4.6 million dollars (El), Stablecoins such as USDC and Funds for Transfer and Appearance Day and AUSDC_V2.

A new proposed account, which presented the tail. Nick Begich, could dramatically increase government farm. House Strategic Bitcoin Bill It aims to gain a million BTC, it means approximately 5% of the total bitcoin bid, in the next five years. If it has passed, the value of dollar purchases at today’s market price would be only shy $ 110 billion.

Implications to the market

If Bill Billos passes, Bitcoin’s US government’s state is subject to 1.1 million BTC attributes to Bitcoin’s mysterious Creator, Satoshi Nakamoto. This would give significant influence on market liquidity and price stability, potentially ride Bitcoin value and transformation of market dynamics.

However, this level of ownership increases concerns about centralization traditionally decentralized funds. Group acquisitions could make the government asker of the price in the Bitcoin market, which some claim against the original Etosis of the cryptocurri.