Scott Bessent Hints at Future Government Bitcoin Purchases Being Possible
U.S. Treasury Secretary Scott Bessent started Thursday by clarifying the current stance on Bitcoin reserves. He indicated that the Strategic Bitcoin Reserve would consist of the existing $15 billion to $20 billion held by the government. However, Bessent mentioned that future fresh purchases are not planned currently. This announcement reignited speculation about government involvement in Bitcoin acquisitions. As the landscape of regulation evolves, the crypto community remains eager to learn how governmental policies may shift towards embracing digital currencies in the future.