Today marks the official deadline for the U.S. Treasury Department to deliver its assessment on establishing a strategic Bitcoin reserve, as mandated by former President Donald Trump’s executive order issued on March 6, 2025.
The directive, signed during Trump’s return to office, aims to formalize Bitcoin as a strategic asset for national reserves. As per the executive order, the Treasury was instructed to evaluate the feasibility of incorporating Bitcoin—particularly seized BTC—into a U.S. strategic digital asset reserve.
Strategic Bitcoin Reserve: Policy Shift or Political Theater?
The move has sparked widespread speculation about the U.S. government's stance on Bitcoin adoption. The federal government currently holds 198,012 BTC (worth over $18 billion)—much of it confiscated in high-profile cases such as the Silk Road and Bitfinex hacks. Analysts are closely watching today’s developments, as an affirmative recommendation could mark a historic shift in U.S. fiscal and digital asset policy.
If approved, the proposal would position the U.S. as the first major economy to formally recognize Bitcoin as part of its national strategic reserves.
Mixed Reactions Across Crypto Industry
Industry figures remain divided. While some see the move as a potential game-changer that could accelerate Bitcoin adoption globally, others—like BitMEX co-founder Arthur Hayes—have expressed skepticism, citing cultural stigma and political optics.
“The popular narrative is still ‘Bitcoin bros at the club,’ and that doesn’t align well with fiscal policy branding,” Hayes said recently.