Treasury's Bessent: No Bitcoin bailouts; seized $500M now $15B

U.S. Treasury Secretary Scott Bessent told Congress on Wednesday that the government will keep Bitcoin seized in asset cases but will not instruct private banks to buy BTC during a downturn. He said $500 million in retained BTC has grown to over $15 billion, and acquisitions must remain budget‑neutral under a March 2025 executive order.