US Marshals Hold 28,988 Bitcoin, Auction Plans in Question
- Bitcoin holdings by U.S. Marshals attract community scrutiny.
- Current holdings total 28,988 BTC, valued at $3.44B.
- Sale rumors create volatility concerns in the crypto market.
The U.S. Marshals Service confirmed via FOIA they hold 28,988 Bitcoin as of July 2025, amidst rumors of strategic liquidation.
US Marshals and Bitcoin Holdings
The U.S. Marshals Service currently maintains 28,988 BTC after numerous auctions since 2014. This was revealed through a FOIA request by journalist L0la L33tz. The potential sale of these holdings has initiated considerable discourse.
Rumored plans to sell or hold these assets remain speculative, with no official statement affirming the intentions. The previous liquidations have sparked debates about taxpayer value loss.
Immediate market effects include speculation-driven volatility in Bitcoin’s price due to large potential sell-offs. The crypto community raises concerns over past asset management choices.
Financially, the U.S. government’s previous Bitcoin auctions resulted in modest price dips. Political figures advocate for reevaluating asset management to mitigate public fund losses.
Potential outcomes include shifts in government digital asset strategy. Historical trends suggest continued scrutiny and calls for strategic government crypto holdings management.
Direct Insights
Ronald L. Davis, Director, U.S. Marshals Service, confirmed on July 16, 2025, “28,988.35643016 Bitcoin” are under its custody as per the recent FOIA request. L0la L33tz, independent journalist, stated, “The US Marshals list I received is a list of all Bitcoins ‘held by the US Marshals.’ It does not reflect the total stock of Bitcoin held by the US government, as other agencies may retain custody.”
Cynthia Lummis, U.S. Senator, emphasized, “These sales have cost taxpayers dearly. We need a smarter approach to digital asset management in government.” The question remains whether a smarter approach to digital asset management will be adopted.
