{"id":80243,"date":"2021-12-20T01:05:25","date_gmt":"2021-12-20T06:05:25","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=80243"},"modified":"2021-12-20T01:27:14","modified_gmt":"2021-12-20T06:27:14","slug":"the-u-s-government-has-a-massive-secret-stockpile-of-bitcoin-heres-what-happens-to-it","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2021\/the-u-s-government-has-a-massive-secret-stockpile-of-bitcoin-heres-what-happens-to-it.html","title":{"rendered":"The U.S. government has a massive, secret stockpile of bitcoin \u2014 Here\u2019s what happens to it"},"content":{"rendered":"\n<p>(CNBC) For years, the U.S. government has maintained a side hustle auctioning off <a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.BS=-USS\">bitcoin<\/a> and other cryptocurrencies. Historically, Uncle Sam has done a pretty lousy job of timing the market. The 500 bitcoin it <a rel=\"noreferrer noopener\" href=\"https:\/\/www.riotblockchain.com\/news-media\/press-releases\/detail\/28\/riot-blockchain-wins-500-bitcoins-in-u-s-marshals-service\" target=\"_blank\">sold to Riot Blockchain in 2018<\/a> for around $5 million? That\u2019s now worth north of $23 million.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/12\/19\/what-the-us-government-does-with-its-secret-bitcoin-stockpile.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) For years, the U.S. government has maintained a side hustle auctioning off bitcoin and other cryptocurrencies. Historically, Uncle Sam has done a pretty lousy job of timing the market. The 500 bitcoin it sold to Riot Blockchain in 2018 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80243","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=80243"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80243\/revisions"}],"predecessor-version":[{"id":80244,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80243\/revisions\/80244"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=80243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=80243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=80243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}