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US Treasury plans to continue accumulating Bitcoin, Treasury Secretary discussed at private dinner with CleanSpark executive

US Treasury plans to continue accumulating Bitcoin, Treasury Secretary discussed at private dinner with CleanSpark executive

Cryptobriefing2025/10/09 20:09
By:Cryptobriefing

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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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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