US now has a Strategic Bitcoin Reserve

moe

Sophomore
May 29, 2001
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"This is the most underwhelming and disappointing outcome we could have expected for this week," Charles Edwards, founder of bitcoin-focused hedge fund Capriole Investments, wrote in a post on X.

"No active buying means this is just a fancy title for Bitcoin holdings that already existed with the Govt. This is a pig in lipstick."
 

cam_blev

Sophomore
Oct 7, 2005
5,993
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"This is the most underwhelming and disappointing outcome we could have expected for this week," Charles Edwards, founder of bitcoin-focused hedge fund Capriole Investments, wrote in a post on X.

"No active buying means this is just a fancy title for Bitcoin holdings that already existed with the Govt. This is a pig in lipstick."
It doesn't say they won't buy bitcoin, it says it has to be done in a budget neutral way

"develop budget-neutral strategies for acquiring additional Bitcoin, provided that those strategies impose no incremental costs on American taxpayers."