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🇺🇸 The Senate’s ARMA Bitcoin Reserve proposal has reportedly removed the plan for the U.S. Treasury to purchase 1 million BTC.
Instead, the bill would focus on locking up the government’s existing Bitcoin holdings—estimated at over 200,000 BTC—for the long term while codifying the Strategic Bitcoin Reserve into federal law.
The shift changes the narrative from aggressive Bitcoin accumulation to preserving current reserves.
👀 Bullish long-term recognition or a disappointment for Bitcoin reserve bulls?
$BTC #ARMABitcoinPivot
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