Pentagon confirms classified Bitcoin work, highlighting crypto's role in US-China security competition.

During a House Armed Services Committee hearing, Defense Secretary Pete Hegseth revealed that the Pentagon has classified projects related to Bitcoin and cryptocurrency, signaling their strategic importance in national security, especially in competition with China. Admiral Samuel Paparo also confirmed that the U.S. Indo-Pacific Command operates a Bitcoin node used for cybersecurity purposes, not for financial trading. These disclosures indicate that Bitcoin is now considered a factor in military and geopolitical strategy, beyond just a financial asset. This shift reflects growing concerns about crypto's role in cyber threats and international power dynamics.