U.S. Government Holds Significant Bitcoin and Ethereum Reserves

According to BlockBeats, data from Arkham reveals that the U.S. government currently possesses 198,012 bitcoins, valued at approximately $16.94 billion, and 59,965 ether, worth around $98.43 million. Previously, Bitcoin Magazine reported that Bo Hines, the Executive Director of the White House Presidential Digital Assets Task Force, indicated that the United States might consider using tariff revenues to purchase bitcoin.