Cynthia Lummis Raises Alarm Over Reports Of 80% Drop In US Bitcoin Reserves: Analyst Says ‘Nothing Conclusive’ Until Official Word Comes
Posted On July 17, 2025
Pro-cryptocurrency Senator Cynthia Lummis (R-Wyo.) expressed concern Wednesday over reports suggesting a massive reduction in the Bitcoin (CRYPTO: BTC) held by the U.S.
What Happened: Lummis reacted on X to claims that the government offloaded over 80% of its Bitcoin reserves, leaving just around 29,000 coins.
“If true, this is a total strategic blunder and sets the U.S. back years in the Bitcoin race,” she said.
Lummis referred to a recently released government document obtained via a Freedom of Information Act request filed by independent journalist L0la L33tz. The report showed the U.S. Marshals Service, a Department of Justice agency, holding $28,988.35 BTC, …
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