Senator Cynthia Ramis issued an alarm this week after the Freedom of Info Act response confirmed that former US s-services personal simply 28,988 BTC. She warned that offloading greater than 80% of the federal government’s Bitcoin Stash can be a “strategic flaw.”
Based mostly on the report, the figures raised issues that the US bought on a big scale, dropping from round 198,012 BTC at first of the 12 months to beneath 30,000 BTC in a single day.
Bitcoin custody confusion
In accordance with the FOIA response, USMS oversees the supervisor who seized and confiscated cryptocurrencies, together with Bitcoin. The reported quantity (29,000 btc) solely displays cash formally handed over to that agent for public sale.
I’m cautious of experiences that the US has bought greater than 80% of its Bitcoin Reserve.
If true, this can be a full strategic blunder and can return the US in Bitcoin races. https://t.co/ciyf1uhy0x
– Senator Cynthia Ramis (@senlummis) July 16, 2025
Different departments of legislation enforcement nonetheless have a considerable amount of Bitcoin in a “secapted” standing that has pending judicial choices. These cash are usually not a part of USMS tally.
The estimates for Arkham Intelligence and Public Pockets Trackers are nonetheless managed by the federal authorities, value round $23.5 billion at present costs. On-chain proof doesn’t recommend that the US bought its reserves. As an alternative, the cash are held in varied wallets of a number of establishments.
On-chain knowledge attracts one other image
Data on the chain present that whole federal Bitcoin holdings have been transferring little or no this 12 months. The primary 198,012 BTC figures got here from crime and civil confiscation. As soon as the assault is confiscated, the belongings will shift to USMS custody.
Till then, they are going to stay off-book for his or her company. The break up explains why one report cited 29,000 BTC, whereas one other report cites whole holdings at round 200,000 BTC.
US President Donald Trump signed an government order earlier this 12 months, dictating that the confiscated Bitcoin might be held in strategic reserves. He additionally requested the Commerce and Treasury to seek out methods so as to add it to the stash with out spending more money on taxpayers.
Enhanced Cryptographic Portfolio
Past Bitcoin, the federal government owns different digital belongings as a part of its cryptocurrency portfolio. I’ve a 347 million USDT stub coin readily available. There’s 59,951 ETH, which is value round $222 million.
Okay, everybody in me. Since all of us have panties by snuggling with our panties in “Bitcoin gross sales,” I wish to warn you of the truth that IDs differ between *secured belongings * and *confiscated belongings *.
USMS is primarily accountable for *forfeiture belongings*.
-L0LA l33tz (@l0lal33tz) July 16, 2025
The federal government additionally maintains 750 WBTC, practically $89 million and price 40,293 bnbs, totaling round $29 million. These figures push the general crypto portfolio to roughly $24.25 billion in market worth.
A journalist who goes by the identify “Lola L33TZ” has submitted a FOIA request. She confused that seeing 29,000 BTC within the USMS report doesn’t imply that the cash had been bought.
She made it clear that she seized belongings that had been nonetheless held by the FBI or different companies and wouldn’t seem in USMS custody till the court docket confiscates them.
Pixabay featured photographs, TradingView chart
