Simply Bitcoin BREAKING: U.S. Cancels Plans to Buy Bitcoin! | Simply Originals
Aug 15, 2025
Bitcoin has just surged to an all-time high, but the U.S. government has made a stunning move by halting its Bitcoin purchases for the Strategic Bitcoin Reserve. This abrupt decision comes as $420 million has vanished from the market. The discussion dives into market dynamics, inflation concerns, and the growing institutional demand for cryptocurrency. Insights on wallet apps and big tech's involvement further highlight the shifting landscape. Plus, there's buzz about the upcoming Mining Disrupt conference!
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U.S. Strategic Bitcoin Hoard Confirmed
- The U.S. holds roughly $15–20 billion in seized Bitcoin, about 165,000 BTC.
- Officials say they will stop selling those coins and only grow reserves via confiscations.
No Open-Market Buying, Only Seizures
- The Treasury will not buy Bitcoin with budgeted funds and calls reserve growth budget-neutral.
- Future increases will come only from seized assets, not open-market purchases.
“Not Buying” Can Hide Stealth Accumulation
- Publicly declaring 'we're not buying' can mask stealth accumulation by other channels.
- A nation-state could use custodians to acquire more BTC without obvious open-market purchases.