Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Analysis: If the US government liquidates all non-Bitcoin crypto assets it holds, it is estimated that about 5000 Bitcoins can be added

Analysis: If the US government liquidates all non-Bitcoin crypto assets it holds, it is estimated that about 5000 Bitcoins can be added

Bitget2025/03/10 03:11
BTC-0.84%ETH-0.70%

News on March 10, according to Bitcoin.com, if the non-Bitcoin crypto assets held by the US government were all liquidated and converted into Bitcoin, it is estimated that about 5,000 Bitcoins could be added. According to Arkham data, as of March 9, 2025, the US federal government holds 60,850 Ethereum (worth about $123 million), which can be converted into approximately 1,522.86 Bitcoins; in addition it also holds 122 million USDTs which can be exchanged for about 1,500 Bitcoins. The government's crypto asset reserves also include 750.722 Wrapped Bitcoin (WBTC),40,293 BNB,$13.62 million BUSD and $13.4 million AUSDC etc.If all non-Bitcoin assets worth more than one million dollars are completely liquidated at current exchange rates they would yield approximately an additional total of around 5,004.55 bitcoins.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Ethereum Foundation has deposited 2,400 ETH and approximately 6 million stablecoins into Morpho's yield vault.
2
Nvidia, Microsoft, BlackRock, and xAI jointly acquire Aligned Data Centers in a $40 billion deal

Crypto prices

More
Bitcoin
Bitcoin
BTC
$111,807.38
+0.56%
Ethereum
Ethereum
ETH
$4,086.67
+3.47%
Tether USDt
Tether USDt
USDT
$1
-0.01%
BNB
BNB
BNB
$1,180.45
-0.18%
XRP
XRP
XRP
$2.49
+2.47%
Solana
Solana
SOL
$202.45
+3.78%
USDC
USDC
USDC
$1
+0.01%
Dogecoin
Dogecoin
DOGE
$0.2019
+1.87%
TRON
TRON
TRX
$0.3173
+2.19%
Cardano
Cardano
ADA
$0.6898
+2.20%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter