Hegseth recasts Bitcoin as national security asset amid Russia, China expansion
By Lance Datskoluo
AI summary of the source article
US defense officials told Congress that ongoing Pentagon projects involving Bitcoin are classified and serve as a tool for American leverage against geopolitical rivals. US Indo-Pacific Command confirmed it operates a live Bitcoin node for monitoring, while Russia and China expand mining and crypto-settlement activities to counter sanctions. The report also highlights a 2025 executive order establishing a US strategic Bitcoin reserve funded by seized coins.