US Will Not Sell Its 300,000 BTC Says Eric Trump as Sovereign Accumulation Story Takes Shape

At Bitcoin 2026 in Las Vegas Eric Trump said the U.S. government holds about 300,000 BTC and will not sell, framing a sovereign accumulation narrative that tightens available supply. He argued Bitcoin is being “compressed” as long-term holders and lost coins shrink liquid supply, while institutions that once dismissed BTC are now building custody and yield products (JPMorgan allowing BTC-backed borrowing, Charles Schwab preparing custody, BlackRock layering yield on ETFs). Corporates and miners — including Middle Eastern miners using excess energy — are also accumulating. The piece presents this shift as structural rather than cyclical, implying persistent demand and reduced sell-side liquidity that could support higher prices over time.