Between June 2023 and December 2024, the U.S. government sold an estimated $2.24 billion worth of Bitcoin associated with hacker James Zhong.

Notably, in March 2023, the government sold $215.5 million of Bitcoin seized from Zhong, marking its last significant sale.

Looking ahead, Bloomberg predicts a 30% chance that the U.S. government will buy Bitcoin in 2025.

Currently, the price of Bitcoin is reported at $87,326, according to CoinGecko data.

Among these transactions, the government moved $1.77 million worth of Ethereum to a new address.

This strategic reserve aims to regulate and stabilize the crypto market effectively, indicating the government's intent to manage and potentially sell these assets in the future.

Additionally, it was reported that the government moved $8 million worth of Bitcoin, primarily to a change wallet, according to Arkham Intelligence.

The U.S. government has recently transferred significant amounts of cryptocurrency, including Bitcoin and Ethereum, raising concerns about its management of confiscated assets.

In a related cultural moment, a viral fake video of former President Donald Trump has emerged, misleadingly showing him unveiling Bitcoin's whitepaper, which has further stirred public interest in the intersection of cryptocurrency and U.S. politics.

To better manage its digital assets, the U.S. government has established a strategic reserve specifically for Bitcoin and a separate stockpile for altcoins.

Earlier in March 2025, a government-associated address also moved Avalanche (AVAX) tokens, indicating ongoing activity in the crypto space.