The U.S. government currently possesses a substantial cryptocurrency portfolio, including 60,850 ETH, which is valued at approximately $122.96 million. This significant amount of Ethereum could be converted into around 1,522.86 BTC, showcasing the government's strategic positioning in the cryptocurrency market.
In addition to this, the government holds $122 million in USDT, which has the potential to yield around 1,500 BTC. Moreover, the government's diverse assets include wrapped Bitcoin (WBTC), with current reserves totaling 750.722 WBTC amounting to $61.69 million. This asset class further diversifies the government's investments in cryptocurrencies.
In addition, the government owns 40,293 BNB, valued at $22.34 million, which could be strategically stored or converted into approximately 276.86 BTC. Overall, if the government decides to liquidate its holdings in altcoins, it stands to add a total of 5,004.55 BTC to its treasury. This move could have significant implications for both the market and government cryptocurrency policies in the future, reflecting a growing interest in digital assets and their potential to enhance national financial strategies..