US Government expands Strategic Bitcoin Reserve with $177,000 in seized assets
The US government has added 2.4 Bitcoin, valued at approximately $177,000, to its holdings. Two wallets associated with seized assets moved the funds to Coinbase Prime on Friday. The assets trace back to the Glenn Olivio case. This transfer follows a transfer of 0.04 Bitcoin, worth over $2,500, last month tied to the Miguel Villanueva seizure case. The movement of funds is part of an ongoing effort to expand the Strategic Bitcoin Reserve established in March 2025. The reserve has reached approximately 328,370 BTC through forfeiture-related holdings.
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