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Bryan Courchesne, CEO and founder of cryptocurrency investment firm Daim, shared insights on how the U.S. government is starting to hold bitcoin as a strategic reserve asset. He described that the Justice Department holds about 200,000 bitcoin, so the U.S. is the largest holder of bitcoin, so they can easily transfer it to the Treasury, and from there, have $13 billion worth of bitcoin on the balance sheet.

2024-07-24 09:09:40