11 hours ago · David Sacks claims the US lost $16 billion by selling bitcoin too early. A Trump executive order created a Strategic Bitcoin Reserve and Digital Asset Stockpile.

2 days ago · President Donald Trump signed an executive order Thursday establishing a government reserve of bitcoin, a key marker in the cryptocurrency’s journey towards possible mainstream acceptance.. Under Trump’s new order, the U.S. government will retain the estimated 200,000 bitcoin it’s already seized in criminal and civil proceedings, according to Trump’s “crypto czar” David Sacks.

2 days ago · David Sacks, the White House crypto czar, said Friday that taxpayers have lost out on "over $17 billion of value" because earlier administrations never took advantage of bitcoin already in the U.S ...

1 day ago · Sacks estimated that the U.S. government currently holds around 200,000 bitcoin (worth roughly $17.5 billion, according to current prices).That existing bitcoin, which was seized by law ...

1 day ago · Vocal crypto-critic Senator Elizabeth Warren (D-Mass.) has demanded immediate financial disclosures from Crypto Czar David Sacks (who reportedly liquidated his holdings just days ago), questioning ...

3 days ago · The US government’s decision to sell seized Bitcoin over the past decade instead of holding it has cost taxpayers approximately $17 billion in potential gains, Trump’s AI and crypto czar David Sacks wrote on X today. “Over the past decade, the federal government sold approximately 195,000 bitcoin for proceeds of $366 million.

2 days ago · David Sacks, the White House czar for cryptocurrency and artificial intelligence, posted on X that the U.S. has roughly 200,000 Bitcoin but "there has never been a complete audit." He added that ...

2 days ago · White House crypto czar David Sacks has criticized the US government’s sale of confiscated Bitcoin over the years, referring to it as a strategic mistake that has cost taxpayers billions. In a ...

2 days ago · Sacks has ordered a full accounting of the federal government's existing crypto reserves, which he estimated at 200,000 Bitcoin alone. That's worth $17.5bn (£13.6bn) at today's prices.

3 days ago · David Sacks wrote on X (formerly Twitter) on March 6 that in the past decade, the federal government sold about 195,000 Bitcoin for a total of $366 million. “If the government had held Bitcoin ...