US treasure secretary Bassen affirmed non sales of seized Bitcoins.

[EluguHcman]

Scott Bessen the U.S Treasure secretary has voiced out the administration innovative move towards Bitcoin as the US strategy reserve in prioritize to diversify its reserve strategies to the digital assets and therefore, all seized Bitcoins under the custody of the governments won't be sold but added as part of the federal reserve in akin to gold and oil reserve reserve strategies.
It also affirms the speculations that the Samourai Wallet developers being sold to be false news while all seized Bitcoins will remain intact reserved for the long term.
https://bitcoinmagazine.com/news/treasury-confirms-bitcoin-join-reserve

Discussions about the possibilities of the US government being seized the Venezuela government crypto assets after the president arrest and tagged the acquired Bitcoins as illicit activity. As we also contemplated if will the US going to sell those Bitcoin or holding them. So with the reveal of Bessen and their goal for digital assets we can agree that if at all there were seized Bitcoins from the Venezuela, it will be accounted to be part of the US strategy Bitcoin reserve. (Disclaimer) the rumour about the seizure has not be confirmed that those Bitcoins had yet ven confiscated.

Since there had not been a reliable and official that reports the actual acquired number of Bitcoins to the custody of the US government, we can just hope with the interview of US Treasury secretary that the government will be holding all of the accumulated Bitcoins for the long term which as much will give an edge to control the market volatilities.

So I was thinking if this news of the US strategy Bitcoin reserve innovation will spike a positive move for Bitcoin because I am sure this will extend an encouragement for institutions and more adoptions and more of $ will be invested which may act as a support order for uptrends as we also anticipate rebound of price and possibilities of hitting new ATH amidst the current cycle.

[retreat]

So I was thinking if this news of the US strategy Bitcoin reserve innovation will spike a positive move for Bitcoin because I am sure this will extend an encouragement for institutions and more adoptions and more of $ will be invested which may act as a support order for uptrends as we also anticipate rebound of price and possibilities of hitting new ATH amidst the current cycle.

I believe that the US government's seizure of Bitcoin will only benefit them. It won't actually have a significant impact on institutional adoption, as institutions and most investors believe in Bitcoin's potential value as a long-term asset. So, while this is a good thing, it's not significant news, let alone triggering an all-time high - that's still a long way off.

[EluguHcman]

So I was thinking if this news of the US strategy Bitcoin reserve innovation will spike a positive move for Bitcoin because I am sure this will extend an encouragement for institutions and more adoptions and more of $ will be invested which may act as a support order for uptrends as we also anticipate rebound of price and possibilities of hitting new ATH amidst the current cycle.

I believe that the US government's seizure of Bitcoin will only benefit them. It won't actually have a significant impact on institutional adoption, as institutions and most investors believe in Bitcoin's potential value as a long-term asset. So, while this is a good thing, it's not significant news, let alone triggering an all-time high - that's still a long way off.

Obviously you are saying something of the reality in the lay man's way which I agree with you, but I am on the dynamic thoughts since the US is holding in five 0's worth billions of US $, as the highest government of all governments world wide and as the so far highest growing economy who are making relative proposals to Bitcoin adoptions can also propagate a spiking scene that can capture more institutions to adopt Bitcoin.

Or you don't know governments showing interests on Bitcoin has it own potential influence in the a digital asset world where news is also a driving force to support volatilities?

[Iranus]

If I remember correctly, Trump established a strategic Bitcoin reserve in 3/2025, and this news also caused the price of Bitcoin to fall at that time. Because it is completely different from what the community expected. Instead of using the budget to buy bitcoin, they simply used the confiscated bitcoin. Not only that, this is merely an executive order signed by the President, not an "act" This means that these bitcoins can still be sold on the market at any time.

Therefore, there is nothing to expect from the news regarding the US Bitcoin reserve strategy.

[YOSHIE]

It also affirms the speculations that the Samourai Wallet developers being sold to be false news while all seized Bitcoins will remain intact reserved for the long term.

As I thought, they don't want to sell the confiscated Bitcoin for now, meaning long term 100% I speculate in the upcoming halving sale, they will wait for the Bitcoin price at the $200k or $300k Bitcoin level to be released, the US is cunning, they will do everything they can to skyrocket Bitcoin prices, obviously Bitcoin confiscates huge and real profits.

The Venezuelan government has fallen down the stairs, the president has been arrested, oil bases have been taken over, crypto/Bitcoin assets have been confiscated, this is truly worse than World War II.

[Zaguru12]

If I remember correctly, Trump established a strategic Bitcoin reserve in 3/2025, and this news also caused the price of Bitcoin to fall at that time. Because it is completely different from what the community expected. Instead of using the budget to buy bitcoin, they simply used the confiscated bitcoin. Not only that, this is merely an executive order signed by the President, not an "act" This means that these bitcoins can still be sold on the market at any time.

Therefore, there is nothing to expect from the news regarding the US Bitcoin reserve strategy.

The strategic reserve will would have actually had more impact on bitcoin simply because it actually would have brought in more adoption but the earlier approval of bitcoin ETF already brought in some big institutions already plus the election campaign or manifestos of Trump about setting this up actually brought in more of the institutions already. So it wasn’t surprising not seeing much adoption when it was fully announced.

But the reason why it didn’t actually pump on the day of announcement is because bitcoin doesn’t pump on propaganda or just news rather on actually demand and there was no buy by the USA government that would trigger that pump or increase greed in the market.

Also since I heard seized bitcoins will be actual bitcoin reserve instead of it been auctioned I wasn’t actually expecting anything less than the government going after others bitcoins

[Lucius]

~snip~
So I was thinking if this news of the US strategy Bitcoin reserve innovation will spike a positive move for Bitcoin because I am sure this will extend an encouragement for institutions and more adoptions and more of $ will be invested which may act as a support order for uptrends as we also anticipate rebound of price and possibilities of hitting new ATH amidst the current cycle.

My opinion is that considering the behavior of the US president and most of his administration, nothing that comes from that country can be taken for granted anymore. Today they say we won't sell, tomorrow they can say we're selling everything.

Apart from that, the fact that they don't buy, but only confiscate, is negative in itself, because theoretically they can take from anyone using the law of force, which of course they do.

[shinratensei_]

Bitcoin has become a big industry in the US with companies valued at hundred billions. They are dominating the market and selling their seized bitcoin means that domination could crumble if bitcoin crumbles as well.
Selling seized bitcoin sounds like bad strategy when you realize the government can get more revenue stream from crypto taxes.

[EluguHcman]

If I remember correctly, Trump established a strategic Bitcoin reserve in 3/2025, and this news also caused the price of Bitcoin to fall at that time. Because it is completely different from what the community expected. Instead of using the budget to buy bitcoin, they simply used the confiscated bitcoin. Not only that, this is merely an executive order signed by the President, not an "act" This means that these bitcoins can still be sold on the market at any time.

The reserve, established under a March 2025 executive order, treats Bitcoin as a long-term strategic asset, akin to gold or petroleum stockpiles.
Therefore, there is nothing to expect from the news regarding the US Bitcoin reserve strategy.

As you can see on the news as quoted above as I also highlights, it is affirmed that they are holding for the long term as they also capitalizes on the major global assets as gold and petroleum. Or you could remember the last time the US ran out of oil reserve? Or you could tell when last they failed to hold the topmost country investing and stacking the highest values of gold.

They have as much been holding all reserved assets for the long term and as propose they will be holding Bitcoin in the same account if order is implemented.
That is really interesting as it oversights encouragements for adoption as much they (US) has also spiked such interest and goals towards Bitcoin which can also add weights on the momentum to push volatility clockwise.

Holding Bitcoin for a very long term requires risk affordability and government will also have enough funds through revenues and taxes for sustainability while holding without panic and lookout to the excitements of making huge amount of profits, they will find not reason to sell because they are basically reserving the asset (Bitcoin) ahead of strong economy needs.

So don't think because it is Bitcoin they will sell too soon.

[Moreno233]

If they begin to sell their seize Bitcoins, they will be going against the statement of president Trump. I'm even disappointed in the US government under the leadership of Trump because he boasted of making the US the crypto capital of the world and the creation of Bitcoin Strategic Reserve. I don't think these will be successful without the US buying a single Bitcoin, instead relying on seized Bitcoin. This will make them a little different from the Lazarus group that take possession of the Bitcoin of other people. I was expecting that the US will be putting a few billions into Bitcoin which is the right way to marrying words with action.

[JeffBrad12]

They know better not to do it like German government who missed the phenomenal billion dollar opportunity for just holding a bit longer. Long-term strategic asset is the way and soon enough they might even create US bitcoin reserve strategy when they sees the benefit.
Money supply can go up but bitcoin will always be scarce and getting even scarcer as time passes!

[free-bit.co.in]

They know better not to do it like German government who missed the phenomenal billion dollar opportunity for just holding a bit longer. Long-term strategic asset is the way and soon enough they might even create US bitcoin reserve strategy when they sees the benefit.
Money supply can go up but bitcoin will always be scarce and getting even scarcer as time passes!

AFAIK, the German government has repeatedly explained that the sale of those bitcoins was due to their need to comply with the national constitution. They cannot violate the constitution just because of bitcoin, while the US government is not bound by their own constitution.

And I do not think the US government takes bitcoin seriously or has truly recognized its potential. If they valued it, they would have spent money buying and stockpiling a large amount instead of just using the bitcoin confiscated from criminal
I would not be surprised if the Trump administration dumped all that bitcoin at the end of his term.

[FinneysTrueVision]

Falsely claiming that non-custodial wallet developers were running an unlicensed money transmitter and taking their coins amounts to theft and sets a bad precedent. Furthermore, anything Bessent says denying any selling should be taken with a grain of salt. We still have not gotten that audit of the U.S. government’s crypto holdings that was promised when the strategic reserve executive order was signed almost a year ago. That report was supposed to be released within 30 days, but now I think it has as much of a chance of seeing the light of day as the complete Epstein files.

[Iranus]

The reserve, established under a March 2025 executive order, treats Bitcoin as a long-term strategic asset, akin to gold or petroleum stockpiles.
Therefore, there is nothing to expect from the news regarding the US Bitcoin reserve strategy.

As you can see on the news as quoted above as I also highlights, it is affirmed that they are holding for the long term as they also capitalizes on the major global assets as gold and petroleum. Or you could remember the last time the US ran out of oil reserve? Or you could tell when last they failed to hold the topmost country investing and stacking the highest values of gold.

They have as much been holding all reserved assets for the long term and as propose they will be holding Bitcoin in the same account if order is implemented.
That is really interesting as it oversights encouragements for adoption as much they (US) has also spiked such interest and goals towards Bitcoin which can also add weights on the momentum to push volatility clockwise.

Holding Bitcoin for a very long term requires risk affordability and government will also have enough funds through revenues and taxes for sustainability while holding without panic and lookout to the excitements of making huge amount of profits, they will find not reason to sell because they are basically reserving the asset (Bitcoin) ahead of strong economy needs.

So don't think because it is Bitcoin they will sell too soon.

Do not listen to what the government says, look at what they do. As I said before, it is just an executive order signed by the president. And there is a huge difference between an executive order and "Act" I think you should take the time to learn about the difference.

The Trump administration may not sell this bitcoin, but they won't be able to stop the next administration from doing so.

Do you know how many executive orders issued by former presidents Trump repealed since taking office? What guarantees that the next administration will not repeal Trump's executive order on strategic bitcoin reserves?


https://news.ballotpedia.org/2025/01/28/a-recap-on-president-donald-trumps-first-week-of-his-second-term-in-office/

[Kelward]

~snip~
So I was thinking if this news of the US strategy Bitcoin reserve innovation will spike a positive move for Bitcoin because I am sure this will extend an encouragement for institutions and more adoptions and more of $ will be invested which may act as a support order for uptrends as we also anticipate rebound of price and possibilities of hitting new ATH amidst the current cycle.

My opinion is that considering the behavior of the US president and most of his administration, nothing that comes from that country can be taken for granted anymore. Today they say we won't sell, tomorrow they can say we're selling everything.

Apart from that, the fact that they don't buy, but only confiscate, is negative in itself, because theoretically they can take from anyone using the law of force, which of course they do.

I wouldn't see anything related to seized Bitcoin as something positive for the market, if the US government had purchased a phenomenal amount of Bitcoin I'm sure that it will trigger a bullish trend so I'm not surprised that things are still pretty much how they were. Although none sale of a large stash of Bitcoin whether it's legit or not is good for the market, as long as it's not offered for sale scarcity will still be maintained which is a good thing. Trump, administration knows this and although they made it clear that they don't plan to sell but everything can change suddenly if they suddenly decides to. Any institutions and government that holds massive stash of Bitcoin is like a time bomb to the market, anyday they decides to open their floodgates the market will suffer for it.

[EluguHcman]

If they begin to sell their seize Bitcoins, they will be going against the statement of president Trump. I'm even disappointed in the US government under the leadership of Trump because he boasted of making the US the crypto capital of the world and the creation of Bitcoin Strategic Reserve. I don't think these will be successful without the US buying a single Bitcoin, instead relying on seized Bitcoin. This will make them a little different from the Lazarus group that take possession of the Bitcoin of other people. I was expecting that the US will be putting a few billions into Bitcoin which is the right way to marrying words with action.

Oh you have talked so well but come to think of it, the United States is currently dominated with most strong fingers pointing them at the ETF and institutional investors and high cryptograph techs are based.
I don't also forget think there had become a government holding Bitcoins more than them (US).

Although I don't know if it is a game of politics Trump came to the community to see support of his election and made those promises that he had seemly to be abandoned.
Yes he proposed the strategic reserve to the Senate but majority has not approved it.
He (Donald) had also ignited spikes of bullishness in the Bitcoin market during his inauguration as the US president. Don't you think he had also contributed more than one man influence in a Decentlized and unregulated market? Maybe he could not just do more than his limit.

I won't also agree if it is remarked that the US is a Bitcoin or Crypto capital when they can not afford to buy one with their own money other than bragging the big shoe as the highest country holding Bitcoin all by relying on seized assets.

[Kiddo15]

Scott Bessen the U.S Treasure secretary has voiced out the administration innovative move towards Bitcoin as the US strategy reserve in prioritize to diversify its reserve strategies to the digital assets and therefore, all seized Bitcoins under the custody of the governments won't be sold but added as part of the federal reserve in akin to gold and oil reserve reserve strategies.
It also affirms the speculations that the Samourai Wallet developers being sold to be false news while all seized Bitcoins will remain intact reserved for the long term.
https://bitcoinmagazine.com/news/treasury-confirms-bitcoin-join-reserve

Discussions about the possibilities of the US government being seized the Venezuela government crypto assets after the president arrest and tagged the acquired Bitcoins as illicit activity. As we also contemplated if will the US going to sell those Bitcoin or holding them. So with the reveal of Bessen and their goal for digital assets we can agree that if at all there were seized Bitcoins from the Venezuela, it will be accounted to be part of the US strategy Bitcoin reserve. (Disclaimer) the rumour about the seizure has not be confirmed that those Bitcoins had yet ven confiscated.

Since there had not been a reliable and official that reports the actual acquired number of Bitcoins to the custody of the US government, we can just hope with the interview of US Treasury secretary that the government will be holding all of the accumulated Bitcoins for the long term which as much will give an edge to control the market volatilities.

So I was thinking if this news of the US strategy Bitcoin reserve innovation will spike a positive move for Bitcoin because I am sure this will extend an encouragement for institutions and more adoptions and more of $ will be invested which may act as a support order for uptrends as we also anticipate rebound of price and possibilities of hitting new ATH amidst the current cycle.

If the Venezuelan government have a leadership at the moment, although I know they've not had any election but I think those seized bitcoins should be given back to the government of Venezuela, instead of adding it to the American federal reserve. This is an asset that belongs to a government of a different country, there should be channels to which this asset will be returned to the government or the people of Venezuela, if there is a claim that the coins were illegally gotten, at least it was gotten from Venezuela's money, so it's ordinarily theirs.

[shinratensei_]

Do not listen to what the government says, look at what they do. As I said before, it is just an executive order signed by the president. And there is a huge difference between an executive order and "Act" I think you should take the time to learn about the difference.

The Trump administration may not sell this bitcoin, but they won't be able to stop the next administration from doing so.

Do you know how many executive orders issued by former presidents Trump repealed since taking office? What guarantees that the next administration will not repeal Trump's executive order on strategic bitcoin reserves?

Unfortunately that's the catch. At least with the executive order bitcoin will be fine in their reserve until the next administration. Significantly better than if there is no executive order and the bitcoin is in limbo, it could be sold next days or next week.
Imagine if there is an act for this to keep the bitcoin in their reserve, everybody would be very bullish.

[Iranus]

Unfortunately that's the catch. At least with the executive order bitcoin will be fine in their reserve until the next administration. Significantly better than if there is no executive order and the bitcoin is in limbo, it could be sold next days or next week.

Yes, let's look on the bright side, and with Trump's executive order, at least for the next 3 years, we will not have to fear the US government suddenly dumping bitcoin. However, we need to understand and grasp the essence of the problem. Do not be naive enough to consider them saviors without realizing that everything they create is only temporary and artificial.

Imagine if there is an act for this to keep the bitcoin in their reserve, everybody would be very bullish.

I believe that will happen in the future, but not anytime soon. Because, in reality, the vast majority of politician remain skeptical about bitcoin. They simply exploited it for political purposes, rather than genuinely valuing it.

[asriloni]

Firstly, the rumor about Bitcoin venezuela is just BS. So far we never heard they have so much bitcoin. It's just a false rumor. Apart from that US has declared themselves to be the capital of crypto. So they should not sell any seized bitcoin instead put it all into their treasury.

However, this news gave no impact to the Bitcoin's price as this was an old news that gets recycled.