If The US Government Had Held The 195,000 Bitcoin It Sold Over Time, Here’s How Much It Would Be Worth Now

White House ‘Crypto Czar’ David Sacks says the U.S. government missed a massive financial opportunity by selling all Bitcoin (CRYPTO: BTC) instead of holding it.

What Happened: In an X post on Thursday, Sacks noted that over the past decade the U.S. federal government liquidated approximately 195,000 Bitcoin, generating $366 million in proceeds at the time of sale.

Due to Bitcoin’s substantial price appreciation, those holdings would now be valued at over $17 billion if they had been retained.

The post attracted the attention of some big names in crypto industry, …

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