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The sovereign #Bitcoin holdings are telling.
🇺🇸 USA: ~215k (Seized)
🇨🇳 China: ~194k (Seized)
🇸🇻 El Salvador: ~5.7k (Acquired by choice)
Seizures are passive. Proactive policy is the real signal. The first domino has fallen. Now, game theory kicks in as nations realize they need a neutral reserve asset.
Who's next? My eyes are on a major energy exporter looking to diversify. The race is on.