U.S. Government Loses Millions Selling Bitcoin Early: A $17 Billion Missed Opportunity?
The U.S. government's past decisions regarding its Bitcoin holdings are now under intense scrutiny. Did the U.S. government lose close to $116 million by selling its trove of Bitcoins early this year, specifically in March 2025? According to observations and criticisms, the answer appears to be yes, and the potential losses are far greater than that.
The $17 Billion Question: Could the U.S. Government Have Made More?
David Sacks, a prominent figure in the cryptocurrency community, has highlighted a significant financial loss incurred by the U.S. government due to its premature sale of seized Bitcoin. The Department of Justice (DOJ) could have secured over $17 billion had it retained its Bitcoin (CRYPTO: BTC) holdings instead of selling them prematurely, Sacks pointed out.
Early Bitcoin Sales Cost Taxpayers Billions
The US government’s decision to sell seized Bitcoin over the past decade instead of holding it has cost taxpayers approximately $17 billion in potential gains. It appears that the US Government did indeed miss out on significant returns by not holding on to its Bitcoin.
Breaking Down the Numbers: A Timeline of Bitcoin Sales
Back in March, the government sold 9,861 BTC. Trump's AI developments might be impacting the market, but the core issue remains: a push to sell thousands of Bitcoin on the open market is costing the US government some serious gains. This initial sale likely contributed to the reported losses.
$5 Billion Lost From Early Bitcoin Sales?
More than $5 billion, according to a dashboard monitoring US government bitcoin auctions, has been lost by early Bitcoin sales. This staggering figure underscores the magnitude of the potential gains forfeited by premature selling.
What Happened: An Overview of the Government's Bitcoin Strategy
What Happened: The Department of Justice (DOJ) could have secured over $17 billion had it retained its Bitcoin (CRYPTO: BTC) holdings instead of selling them prematurely. This raises questions about the government's long-term strategy regarding seized cryptocurrencies. The U.S. government loses close to $116 million by selling its trove of Bitcoins early this year in March 2025 according to sources.