Sacks said the Bitcoin reserve was “a digital Fort Knox for the cryptocurrency,” and the US wouldn’t sell any Bitcoin put in the reserve.


“It will be kept as a store of value,” he added.
The White House said that Bitcoin owned by the Treasury Department would seed the reserve, and other federal agencies “will evaluate their legal authority” to transfer any Bitcoin they own into the reserve.
BTC-1,71%
FORT-1,21%
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