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Cryptocurrency News Video

Global Bitcoin arms race accelerates: Why does the United States clear up altcoins and only stock up on Bitcoin?

Jun 16, 2025 at 07:32 am 比特青年

The latest executive order from the U.S. government has attracted global attention: the establishment of the Strategic Bitcoin Reserve (SBR) clearly distinguishes Bitcoin from all other digital assets (altcoins). In sharp contrast to the unsold Bitcoins in SBR, the U.S. Treasury Department is authorized to sell altcoins it obtains through confiscation procedures, which may include XRP, Solana, and Cardano, and the proceeds may even be used to buy more Bitcoins. This "budget-neutral" Bitcoin acquisition strategy, such as selling altcoins and issuing Bitcoin bonds, aims to rapidly expand its Bitcoin holdings without increasing the burden on taxpayers. This move is seen as a key step for the United States in the geopolitical chess game, aiming to surpass competitors such as China and accelerate the Bitcoin accumulation competition among countries around the world, and also herald a bleak future for altcoins. We are in the [Recruitment] dialogue program host requests: live-action, young, neat appearance, standard Mandarin fluent, love Bitcoin and related topics. Registration process: Refer to the dialogue in a certain episode of Bit Youth Video to make a live-action sample. Please send the sample to WeChat ID: domesticQA, and add WeChat to chat for details.
Video source:Youtube

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