The US government could reportedly seize Venezuela’s Bitcoin & crypto reserves worth billions of dollars, according to CNBC. The country reportedly owns over 600,000 seized Bitcoins worth billions. Per CNBC, there are multiple reports that the Venezuelan government has been looking to evade sanctions by making sales of oil in Tether (USDT), which they then move into Bitcoin. “So even the promise that perhaps the US government, when they came in, might seize these assets, hold on to it, that’s a bull case for Bitcoin,” one CNBC analyst said on today’s broadcasts.

US President Donald Trump on Saturday announced the U.S. is “going to run” Venezuela until there is an opportunity for a “safe, proper and judicious transition,” after detaining Maduro on drug and weapons charges. Trump also said that U.S. oil companies will begin investing in Venezuela’s oil infrastructure. Venezuela has some of the world’s largest crude oil reserves. However, under Maduro, Venezuela has begun to embrace crypto. The President often shared his thoughts praising Bitcoin specifically, highlighting digital currencies’ global importance.

Furthermore, Hyperinflation, banking breakdowns, and sanctions have driven widespread use of stablecoins and peer-to-peer markets, which now function as essential financial infrastructure for civilians and, in limited cases, for state-linked trade. With the US jumping headfirst into the crypto industry on a government level last year under Trump, the country may decide to not just take Venezuela’s President and Oil, but its Bitcoin piling as well.

Also Read: Exxon, Chevron Rally: US-Venezuela Oil War Sparks Oil Stocks

Currently, the U.S. government’s Bitcoin holdings are significant, estimated at over 325,000 BTC as of late 2025. These tokens come primarily from seizures, making it one of the largest governmental holders of BTC or any cryptocurrency. Should Venezuela’s BTC be seized by the US in its efforts to control the country, it could add to the growing stockpile of Bitcoin in the country.

Bitcoin on Monday rose above $94,000 after trading below $90,000 prior to news of Saturday’s operation. The world’s top cryptocurrency is already up 7% this year, after sliding 6% in 2025.