On March 10, according to Bitcoin.com, if all non-bitcoin crypto assets held by the US government are cleared and converted into bitcoin, it is expected to add about 5,000 bitcoin. According to Arkham data, as of March 9, 2025, the US federal government holds 60,850 Ethereum (worth about 123 million dollars), which can be converted into about 1,522.86 bitcoin; in addition, it holds 122 million USDT, which can be exchanged for about 1,500 bitcoin.
The government crypto asset reserve also includes 750.722 packaged bitcoins (WBTC), 40,293 BNB, $13.62 million BUSD, and $13.4 million AUSDC, among others. If all non-bitcoin assets worth more than $1 million were liquidated, approximately 5,004.55 bitcoins would be obtained at current exchange rates.
Analysis: If all non-bitcoin cryptoassets held by the US government are liquidated and converted, it is expected that about 5,000 new bitcoins will be added
2025-03-10 02:48:25
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