U.S. Government’s Bitcoin Stash Hits $16B, Target 1 Million BTC Under Proposed Bill

The U.S. government is now one of the largest holders of Bitcoin, with a staggering 195,234 BTC in its possession—valued at over $16 billion, according to a recent report from Nansen. In addition to Bitcoin, the government’s crypto portfolio includes approximately $4.6 million worth of Ethereum (ETH), various stablecoins such as USDC, and yield-generating assets…