Wyoming Senator Cynthia Lummis has raised concerns over the potential sale of 69,370 Bitcoin seized during the Silk Road asset forfeiture. In a letter dated January 15 to the United States Marshals Service, Lummis criticized the decision to sell these assets, labeling it a politically motivated move that contradicts the incoming administration's policy aims for a National Bitcoin Stockpile. This sale was authorized after Judge Richard Seeborg denied a motion to block the forfeiture. Lummis argues that selling the BTC runs counter to proposed strategic reserve plans for the cryptocurrency in the US. Recent discussions from analysts suggest that sovereign entities may begin accumulating Bitcoin in 2025, as they recognize the risks of not holding value in digital assets. Lummis previously proposed the conversion of gold to Bitcoin to stabilize the government's balance sheet rather than direct purchases, highlighting the growing momentum around establishing a national Bitcoin strategic reserve. Analysts believe that forming such a reserve could significantly increase Bitcoin's market value, potentially reaching seven figures per coin with the right political support.

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