US Government’s Bitcoin Blunder: Lummis Sounds the Alarm!

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On‑Chain Data Paints A Different Picture

On‑chain records show the total federal Bitcoin holding has scarcely moved this year. The initial 198,012 BTC figure came from criminal and civil forfeitures. When seizures become forfeitures, the assets shift into USMS custody.

Until then, they remain off‑books for that agency. That split explains why one report cited 29,000 BTC while another pegs total holdings at nearly 200,000 BTC.

US President Donald Trump signed an executive order earlier this year directing that forfeited Bitcoin be held in a strategic reserve. He also asked the Commerce and Treasury departments to find ways to add to the stash without costing taxpayers extra dollars.

Expanded Crypto Portfolio

Beyond Bitcoin, the government holds other digital assets as part of its cryptocurrency portfolio. It has 347 million USDT stablecoins on hand. There are 59,951 ETH, valued at about $202  million.

Alright my guys. Since we now all have our panties in a jumble over the US Government „selling their bitcoin“, Id like to alert you to the fact that there is a difference between *seized assets* and *forfeited assets*.

The USMS is mainly in charge of *forfeited assets*, meaning…

— L0la L33tz (@L0laL33tz) July 16, 2025

The government also keeps 750 wBTC, worth nearly $89 million, and 40,293 BNB, which total around $29 million. Those figures push the overall crypto portfolio to about $24.25 billion in market value.

A journalist who goes by the name “Lola L33tz” filed the FOIA request. She stressed that seeing 29,000 BTC in the USMS report doesn’t mean any coins were sold.

She clarified that seized assets still held by the FBI or other agencies won’t show up in USMS custody until after the courts forfeit them.

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2025-07-18 06:14