Simply Bitcoin Its OFFICIAL: The US JUST Became the LARGEST Bitcoin Holder! | EP 1353
Oct 14, 2025
The U.S. has officially become the largest nation-state Bitcoin holder after seizing 127,000 coins linked to a major forfeiture case. Discussions also spotlight whether these wallets are secure or if they're vulnerable due to previous hacks. The hosts speculate on the timing of government announcements regarding Bitcoin purchases and explore how strategic reserves can be acquired budget-neutrally. Furthermore, they dive into Elon Musk's intriguing connection between Bitcoin and energy, as well as potential implications of new regulations on non-custodial software.
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US Becomes Largest Nation-State Holder
- The U.S. reportedly became the largest nation-state Bitcoin holder via a historic seizure of ~127,000 BTC tied to a fraud operation.
- Hosts highlight this as a budget-neutral path into a Strategic Bitcoin Reserve instead of open-market buys.
Questions Around Wallet Custody
- Some seized addresses were previously reported as having vulnerable private keys, raising questions about custody and how transfers occurred.
- Hosts note this fuels speculation about hacking, litigation, or defendant cooperation to explain on-chain movement.
Seizures As Budget-Neutral Acquisition
- Asset seizures and forfeitures are explicitly listed as a budget-neutral method for the U.S. to acquire Bitcoin.
- Hosts view recent DOJ action as implementation of that policy rather than open-market purchasing.
