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>>Bitcoin mining executive discusses BTC with US Treasury Secretary, raising speculation about potential US government Bitcoin sales.

Bitcoin mining executive discusses BTC with US Treasury Secretary, raising speculation about potential US government Bitcoin sales.

crypthub

1 day ago

Executive Meeting

CleanSpark CEO Matthew Schultz recently dined with US Treasury Secretary Scott Bessent and Senate Banking Committee Chairman Tim Scott. Schultz shared details of the meeting, noting discussions centered on Bitcoin and broader US digital asset policies. He specifically mentioned conversations about the Market Structure Act, the economy, and potential Federal Reserve chair candidates.

Strategic Reserve and US Holdings

Schultz revealed the US currently holds approximately $17 billion in Bitcoin. These assets are intended for continued accumulation, with no immediate plans for sale. The CEO highlighted the significance of the meeting, emphasizing the US government's interest in CleanSpark's work.

Broad Discussions

The meeting expanded beyond cryptocurrency, encompassing topics like land, energy, and sovereign AI. Schultz emphasized the value of having a seat at the table and the US government's willingness to support CleanSpark's endeavors. The US Treasury Secretary and Chairman displayed genuine concern and offered assistance.