Bitcoin recently hit an all-time high of $124,400 and is up 93% from over a year ago. But fans of the cryptocurrency think it can go even higher, and those folks experienced a rollercoaster of emotions on Thursday after Scott Bessent gave conflicting signals about what the U.S. government had planned for the world’s most popular cryptocurrency.

Initially, Bessent disappointed Bitcoin fans Thursday morning when he said the U.S. government’s so-called strategic Bitcoin reserve, first announced by President Donald Trump in March, would not be stocked with newly purchased Bitcoin anytime soon.

But the Treasury Secretary seemed to reverse course later in the day, sending mixed signals to crypto folks who know that it’ll really help juice the price if the Trump regime buys a boat-load of digit

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