📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
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Has the U.S. sold 85% of its Bitcoin holdings? The FOIA report of the Bailiff Department sparked controversy
US Bitcoin reserves sharply decline, raising market follow According to independent journalist L0la L33tz, data obtained through the Freedom of Information Act (FOIA) reveals that the U.S. Marshals Service currently holds only 28,988 Bitcoins, valued at approximately $3.4 billion based on the current Bitcoin price of around $120,000. This is a reduction of over 85% compared to previous estimates of nearly 200,000 coins.
It should be noted that USMS is responsible for managing "seized property," rather than "forfeited property." This means that other agencies such as the FBI and DEA may still hold Bitcoin assets that are not included in this data. Therefore, the total amount of BTC actually controlled by the U.S. government remains uncertain.
Senator Lummis warns of policy errors As the price of Bitcoin reaches a new high, Senator Cynthia Lummis has expressed concerns about the United States possibly selling its Bitcoin too early. She stated: "If the U.S. really sells more than 80% of its Bitcoin reserves, we might fall behind in the global Bitcoin race."
Lummis and others believe that long-term holding of Bitcoin is not only strategically significant but may also become a tool to alleviate the U.S. budget deficit in the future.
The Possibility of Bitcoin Against National Debt In recent years, cases from multiple countries have reinforced the potential of Bitcoin as a national asset reserve. For example, the Bitcoin seized by the Bulgarian government in 2018 has appreciated to the point where it can cover nearly 80% of its national debt.
Currently, the United States has a debt of 36.2 trillion dollars, and many economists believe that if BTC assets can be held and increased, it may bring an opportunity for long-term fiscal reform.
Trump backs Bitcoin legislation to speed up In this context, the GENIUS bill supported by Trump aims to promote the integration and application of digital assets in the United States. He has repeatedly expressed a positive attitude towards bitcoin, believing that it has the potential to help the United States face structural challenges in the fiscal and monetary system.
Epilogue: With the U.S.'s handling of Bitcoin in the spotlight, crypto users and policymakers should reassess the role of digital assets in national strategies. If the U.S. wants to remain competitive in the global bitcoin space, it will have to weigh the long-term implications of selling and holding.