...it is highly plausible that the U.S. government has been quietly adding to its Bitcoin holdings since the Strategic Bitcoin Reserve was announced – and certainly keeping every coin it can. All signs point to a concerted effort to accumulate a significant (not trivial) amount of BTC under the radar, given the incentives of those in power and the strategic rationale of “buy early, announce later.” While exact figures are unknown, the U.S. likely holds well above its initial 200,000 BTC seizure-based stash by now, possibly by tens of thousands of bitcoins or more. This is far from de minimis – even a 10% addition represents billions of dollars in value. And if insider ambitions are as grand as hinted (hundreds of thousands or even millions of BTC over time), the current quiet phase could be the precursor to one of the largest asset accumulation events in history.

Furthermore, the U.S. government’s quiet Bitcoin accumulation aligns with historical precedents of strategic asset stockpiling, such as gold reserves in the early 20th century, when the Treasury discreetly amassed bullion to bolster economic dominance. This geopolitical strategy likely extends to countering rival nations like China, which holds 194,000 BTC, ensuring the U.S. maintains a competitive edge