U.S. Treasury Secretary Scott Bessent confused financial markets this week when he made seemingly contradictory statements about whether the government will buy more bitcoin for the Strategic Bitcoin Reserve. On Thursday morning, Bessent told Fox Business the government wouldn’t be buying more. “We’re not going to be buying that, but we are going to use confiscated assets and continue to build that up,” he said. He added the government would “stop selling” its existing bitcoin. Many Bitcoin supporters had hoped the U.S. would actually buy more of the digital asset. The Strategic Bitcoin Reserve — created in March by an …