Bitcoin Article

US Treasury plans to continue accumulating Bitcoin, Treasury Secretary discussed at private dinner w…

On October 9, 2025 by

Key Takeaways

  • US Treasury Secretary Scott Bessent reportedly discussed plans for the government to continue accumulating Bitcoin during a private meeting with industry executives.
  • The US currently holds about $17 billion in Bitcoin and does not plan to sell it, Bessent reiterated.

US Treasury Secretary Scott Bessent discussed the government’s Bitcoin holdings and accumulation strategy during a private dinner with CleanSpark Executive Chairman Matthew Schultz.

According to a post from Schultz, the conversation touched on the crypto market structure bill, the US economy, and the Strategic Bitcoin Reserve. Schultz described the meeting as a sign of growing engagement between senior US policymakers and the Bitcoin mining sector.

The US is positioning itself as a hub for digital assets, with Bessent confirming plans to retain and expand government Bitcoin holdings amid growing institutional adoption of the cryptocurrency.

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