Eric Trump claimed at the Wyoming Blockchain Symposium that the United States secretly bought 200,000 Bitcoin, sparking speculation due to the lack of official confirmation.
The claim suggests potential government interest in Bitcoin, influencing cryptocurrency discussions, though no official evidence or impact on market prices has emerged yet.
Eric Trump recently claimed at a symposium that a country, likely the U.S., bought 200,000 Bitcoin in secret. This purchase, worth approximately $22 billion, has raised eyebrows due to the lack of official confirmation.
Eric Trump, a prominent Bitcoin advocate, stated the purchase was kept quiet to demonstrate confidence in Bitcoin. The U.S. Treasury and President’s Working Group on Digital Asset Markets have not substantiated his claims or provided any concrete evidence of such a transaction.
“Or, you know, our country just bought 200,000 Bitcoin and we did so very quietly. We don’t want anybody to know about it, but that’s how much we believe in the asset,” Eric Trump, Executive Vice President, The Trump Organization.
The claim quickly spread across crypto social platforms and trading desks, fueling speculation. However, BTC price action and on-chain flows do not indicate any substantial accumulation event, leaving many in the industry skeptical of the claim's authenticity.
Such a large, unverified acquisition could affect market dynamics, but without blockchain or official documentation, its impact remains speculative. Some experts believe any actual movement would have been observed by blockchain analytics firms or financial institutions.
Historically, large state Bitcoin purchases have been traceable through on-chain data. This alleged acquisition contrasts with moves by other countries or corporations, which have been primarily disclosed publicly or identified using analytical tools.
Potential outcomes of this claim may reflect in financial and regulatory sectors, as it highlights the growing strategic interest in Bitcoin as a reserve asset. If proven, it could influence future state-level acquisition strategies and digital asset policies worldwide.
Read original article on tokentopnews.comBy TokenTopNews
about 5 hours ago
