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US announces a 20-year lockup of government-held Bitcoin in the Strategic Bitcoin Reserve, removing that supply from the market.

The United States has announced a 20-year lockup order for Bitcoin under the Strategic Bitcoin Reserve policy, an approach in which the US government holds government-owned Bitcoin as a strategic reserve asset. This 20-year lockup means the US government will not sell the Bitcoin it holds into the market during that period. The policy relates directly to Bitcoin and the ticker BTC, the primary asset stored in the reserve. Further details on the operational arrangements and the quantity of US government Bitcoin placed into the reserve were not disclosed in this report.
BitcoinUS announces a 20-year lockup of government-held Bitcoin in the Strategic Bitcoin Reserve, removing that supply from the market.