U.S. Treasury Secretary "Government-level Bitcoin accumulation continues"…Reserve strategy discussed at private meeting

Minseung Kang

Summary

The U.S. Department of the Treasury reportedly plans to continuously expand its holdings of Bitcoin.
U.S. Treasury Secretary Scott Bessent discussed Strategic Bitcoin Reserve with a mining firm and mentioned there are no plans to sell Bitcoin.
The media interpreted that the U.S. government recognizes Bitcoin as a strategic asset and intends to maintain a long-term accumulation policy.

The U.S. Department of the Treasury is reportedly planning to continue expanding its holdings of Bitcoin (BTC).

On the 9th (local time), according to virtual asset (cryptocurrency) specialist media outlet CryptoBriefing, U.S. Treasury Secretary Scott Bessent reportedly discussed the U.S. government's Bitcoin accumulation strategy during a private dinner with CleanSpark chairman Matthew Schultz.

The meeting reportedly also covered a virtual asset market-structure bill, the outlook for the U.S. economy, and the operation direction of the 'Strategic Bitcoin Reserve'. Schultz said, "This conversation is an example that exchanges between senior U.S. government policymakers and the Bitcoin mining industry are strengthening."

During the conversation, Bessent reportedly said, "The U.S. government currently holds approximately $17 billion worth of Bitcoin and has no plans to sell it," and "amidst the flow of increasing institutional investment, it will gradually increase the scale of government-level Bitcoin holdings."

The media added that "this remark can be interpreted as indicating that the U.S. government recognizes Bitcoin as a strategic asset and will maintain a long-term accumulation policy."

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