The U.S. government holds $3.4 billion worth of Bitcoin, though has no plans to sell the coins yet — about
69,370 BTC seized in connection with the
Silk Road darknet marketplace.
At the time of the seizure, the value was $1 billion, currently
$3.4 billion.
Why isn't the government selling the coins? Since 2014, the U.S. Marshals Service has sold
187,381 BTC in nine auctions, on which the government has earned
only $179 million. Nowadays, those coins could be sold for
56 times that amount — for $10 billion.
Do we have another major holder?
