Senator Lummis Calls Alleged US Bitcoin Dump a Strategic Blunder

Reports circulated that the U.S. government had sold a large portion of its Bitcoin holdings, specifically over 80% of the nearly 200,000 BTC it held. Senator Lummis reacted to these reports, calling such a sale a 'strategic blunder' that could set the U.S. back in the global Bitcoin race. However, these reports are inaccurate. While a FOIA response from the U.S. Marshals Service (USMS) indicated they only held roughly 29,000 BTC, on-chain data suggests the U.S. government still possesses approximately 200,000 BTC obtained through criminal and civil forfeitures and intends to hold them, potentially using the proceeds to reduce national debt. An independent journalist clarified that the USMS response only accounted for *forfeited* Bitcoin, which has legally become government property, and not *seized* Bitcoin, which is held by law enforcement but not yet forfeited.