U.S. Government Transfers $8.8M Worth of Bitcoin to Coinbase Prime

The U.S. government transferred approximately $8.8 million worth of Bitcoin (BTC) to Coinbase Prime, raising questions about potential sales despite previous executive orders stating the government would not sell its BTC holdings. The move comes amid uncertainty over how the Strategic Bitcoin Reserve will be governed legally.

By Arjun Parashar · TheStreet ·

U.S. Government Transfers $8.8M Worth of Bitcoin to Coinbase Prime

Tickers: $BTC $COIN

Topics: Bitcoin Coinbase Prime Seized Assets U.S. Government

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