US Govt lost $7.8 billion in a little over a month

Investment Analysis Clubs Macro Economic Trends and Risks
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That is the estimated loss on their bitcoin holdings since October 5th.

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The US is speculating in Bitcoin? Good lord.

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Most if not all of that is seized Bitcoin from criminal activity. I am not aware that it has made any direct purchases.

They had an estimated $24B in Bitcoin (based on August data) just a few weeks ago.

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