Did China Sell Its Bitcoin Holdings? Peter Schiff Debunks BTC Arms Race Rumors

BitcoincomNews

2025-03-24 10:44:01

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China is one of the top five Bitcoin holding governments, according to Bitcoin Treasuries. With 194,000 BTC tokens, it remains in the second position on the list, next to the US – which holds as many as 207,189 BTC tokens. There are rumours that a Bitcoin arms race could be triggered anytime soon. However, dismissing these rumours as baseless, renowned gold advocate Peter Schiff, known for his sharp criticisms of BTC, claims that the Asian superpower is not interested in any BTC arms race and that it dumped its BTC holdings at least two months ago. Shocking, isn’t it? Let’s dive in for more details!

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