Does U.S. Government Hold More Than 200,000 Bitcoin?

The recent surge in the price of Bitcoin, in the wake of global banking pressures and the collapse of some mid-tier lenders, has renewed interest in cryptocurrencies. There has even been speculation by analysts at Standard Chartered that the price of Bitcoin could rise to $100,000 by the end of 2024.

The decentralized cryptocurrency, the value of which was punctured by a series of scandals at major crypto platforms like FTX, has seen its price increase to around $30,000 in April from lows of nearly $13,000 in November 2022.

Among the speculation...