The move comes just two days after Donald Trump declared he would create a “strategic national Bitcoin stockpile” if reelected.
The United States Government has just transferred $2 billion worth of Bitcoin — two days after former President Donald Trump promised that the US would never sell any of its Bitcoin during a speech in Nashville, in what one commentator has labeled "tone deaf."
According to data from blockchain analysis platform Arkham Intelligence, the government wallet — which stored the Bitcoin seized from the shuttered dark web marketplace Silk Road in 2022 — transferred 29,800 Bitcoin (BTC) to an unknown wallet address on July 29.
The funds have since moved to another unknown wallet.