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US Treasury Secretary Dampens the Mood: Government Won’t Buy Bitcoin for Strategic Reserve

by SB Crypto Guru News
August 14, 2025
in Bitcoin
Reading Time: 1 min read
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US Treasury Secretary Dampens the Mood: Government Won’t Buy Bitcoin for Strategic ReserveOn Thursday, during a Fox News interview, U.S. Treasury Secretary Scott Bessent addressed the nation’s strategic bitcoin reserve (SBR), clarifying that the government has no plans to purchase bitcoin for it. PPI Surprise and Bessent’s Bitcoin Stance Causes Uncertainty Over the past 24 hours, the crypto market slipped 2.91%, nearly dipping below the $4 trillion […]



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