Wu Blockchain (@WuBlockchain): Sacks says Bessent and Lutnick have also been given authorization to explore means of acquiring more bitcoin through avenues that will not cost the ta…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Sacks says Bessent and Lutnick have also been given authorization to explore means of acquiring more bitcoin through avenues that will not cost the taxpayer. The EO also mandates a full audit of all the digital assets currently in the government’s possession. The other is a digital asset stockpile containing assets other than bitcoin — presumably XRP, ADA, ETH and SOL (as announced by the President last weekend) and potentially others. The key difference between the reserve and the stockpile is that the government will not actively look for ways to purchase more of the assets contained in the stockpile. It will only explore using government funds (if they can find budget neutral ways to do that) on buying BTC. x.com/EleanorTerrett…