US Will Not Sell Its 300,000 BTC Says Eric Trump as Sovereign Accumulation Story Takes Shape
The post US Will Not Sell Its 300,000 BTC Says Eric Trump as Sovereign Accumulation Story Takes Shape appeared first on Coinpedia Fintech News The conversation around Bitcoin at the Bitcoin 2026 in Las Vegas took a decisive turn this week after Eric Trump confirmed that the U.S. government is sitting on a massive stash of Bitcoin, and isnt planning to sell. “The US government holds 300,000 BTC and will not sell it,” Trump said during a panel, reinforcing the growing narrative that Bitcoin is no longer a short-term asset for governments but part of a long-term reserve strategy. “Bitcoin Is Being Compressed” Trump described what he calls a major “compression” happening in Bitcoin. In simple terms, more players are buying, and crucially, not selling. He stressed that while the narrative often focuses on Bitcoins 21 million supply cap, the real story is an even tighter supply because a large portion is lost or held long-term. “People are not selling it. People are holding it. Bitcoin is becoming sticky,” he said, pointing out that long-term holders are replacing short-term traders. Institutions Flip the Script One of the biggest shifts is coming from traditional finance. Trump highlighted how major players that once dismissed Bitcoin are now actively building