At the Nashville conference, Donald Trump made several important statements about cryptocurrency, particularly the significance of holding Bitcoin.
Key Statements by Trump on Bitcoin
Donald Trump stated at the conference: "For too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your Bitcoin." He reiterated this message while signing the law to create the Strategic Bitcoin Reserve.
U.S. Bitcoin Sales: Statistics
From 2014 to 2023, the U.S. sold 195,091.75 BTC for about $366,493,104. The missed gains from these sales amount to approximately $21 billion. Notably, as of 2024, Germany also sold 54,000 BTC and missed out on around $3 billion.
Current U.S. Bitcoin Holdings
As of now, according to Arkham Intelligence, the U.S. may own about 198,022 BTC, equivalent to over $22 billion. However, it is important to distinguish between 'owning' and 'holding' as not all assets belong to the government.
Trump's statements and the statistics on Bitcoin sales by the U.S. government underscore the importance of understanding the cryptocurrency market and the assets held by the nation.
