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Benzinga
Benzinga
Business
Aniket Verma

Cynthia Lummis Raises Alarm Over Reports Of 80% Drop In US Bitcoin Reserves: Analyst Says 'Nothing Conclusive' Until Official Word Comes

Cynthia Lummis Bitcoin United States Crypto Cryptocurrency Wyo
Bitcoin,Coin,On,Keyboard,With,Nice,Background.,Crypto,Money,Concept.

Pro-cryptocurrency Senator Cynthia Lummis (R-Wyo.) expressed concern Wednesday over reports suggesting a massive reduction in the Bitcoin (CRYPTO: BTC) held by the U.S.

What Happened: Lummis reacted on X to claims that the government offloaded over 80% of its Bitcoin reserves, leaving just around 29,000 coins.

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