🔁Mario Nawfal:
🇺🇸DAVID SACKS: WE NEVER WANT TO SELL BITCOIN FROM THE STRATEGIC RESERVE
“The reserve is just Bitcoin - think of it as like a digital Fort Knox for digital gold, we want to put the digital gold in there, we never want to sell it.
We've made the mistake in the past of selling this stuff - at one point in time, we had about 400,000 Bitcoin on the federal balance sheet.
We sold roughly half of that for something like $360 million total; if we had held all of that, it would be worth over $17 billion.”
Source: @theallinpod, @DavidSacks
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
🇺🇸DAVID SACKS: WE NEVER WANT TO SELL BITCOIN FROM THE STRATEGIC RESERVE
“The reserve is just Bitcoin - think of it as like a digital Fort Knox for digital gold, we want to put the digital gold in there, we never want to sell it.
We've made the mistake in the past of selling this stuff - at one point in time, we had about 400,000 Bitcoin on the federal balance sheet.
We sold roughly half of that for something like $360 million total; if we had held all of that, it would be worth over $17 billion.”
Source: @theallinpod, @DavidSacks
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
2 days ago
