🔹Recently, there have been rumors that Venezuela may have secretly accumulated up to 600,000 BTC, worth approximately $60 billion. This information has even been mentioned by CNBC.
🔹If the US confiscates this Bitcoin and adds it to the Strategic Bitcoin Reserve fund, it would be a very large amount since the US government currently holds about 328K+ BTC, more than the MicroStrategy company (673K+ BTC)
🔹However, there is currently no verified evidence supporting the figure of 600,000 BTC.
🔹On-chain data and monitored government wallets show that Venezuela currently holds only about 240 BTC, which is much lower than the rumors.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
VENEZUELA SILENTLY HOLDS 600,000 BITCOIN
🔹Recently, there have been rumors that Venezuela may have secretly accumulated up to 600,000 BTC, worth approximately $60 billion. This information has even been mentioned by CNBC.
🔹If the US confiscates this Bitcoin and adds it to the Strategic Bitcoin Reserve fund, it would be a very large amount since the US government currently holds about 328K+ BTC, more than the MicroStrategy company (673K+ BTC)
🔹However, there is currently no verified evidence supporting the figure of 600,000 BTC.
🔹On-chain data and monitored government wallets show that Venezuela currently holds only about 240 BTC, which is much lower than the rumors.
🔹Therefore, the story of 600,000 BTC remains speculative at this point, with no concrete data.#My2026FirstPost #TrumpLaunchesStrikesonVenezuela $BTC $ETH $XRP