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ETH $2,347.92 -3.27%
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AAVE $98.63 -14.33%
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XLM $0.1709 -1.51%
ZEC $324.80 -3.33%

21Shares Strategy Chief: The U.S. can increase reserves by "seizing Bitcoin from criminal proceeds" and "purchasing Bitcoin with fines."

2025-03-07 13:06:50
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ChainCatcher news, according to Eliezer Ndinga, the strategy director at 21Shares, he believes that the U.S. government has two ways to increase its Bitcoin reserves. The first is by seizing Bitcoin from criminal proceeds, such as the 174,000 Bitcoins from the Silk Road case, which requires no additional spending; the second is to repurpose fines collected by cryptocurrency enforcement agencies (such as the SEC/CFTC) to purchase Bitcoin.

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