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Daim CEO: The U.S. government can hold Bitcoin as a reserve asset

Daim CEO: The U.S. government can hold Bitcoin as a reserve asset

Bitget2024/07/24 01:29

Bryan Courchesne, CEO and founder of cryptocurrency investment company Daim, shared insights on how the U.S. government has begun to hold Bitcoin as a strategic reserve asset. He described that the Department of Justice holds about 200,000 Bitcoins, making the United States the largest holder of Bitcoin. Therefore, they can easily transfer it to the Treasury Department and start owning $13 billion worth of Bitcoin on their balance sheet from there.

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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.

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