FXStreet reports that “the U.S. Treasury must deliver a key report today, May 5, outlining how it will build and manage a national Strategic Bitcoin Reserve using seized digital assets”fxstreet.com. This deadline comes from President Trump’s March 6, 2025 executive order establishing a Strategic Bitcoin Reserve and Digital Asset Stockpile. The order directs Treasury Secretary Scott Bessent to assess both the legal and investment considerations of creating a government-managed BTC reserve, and to recommend where and how it should be held, any needed legislation, and oversight mechanismscoindoo.comcoindoo.com. In practice, the reserve would be funded with BTC already held by the government (from criminal forfeitures) and “shall not be sold” but maintained as U.S. reserve assetscoindoo.comcoindoo.com. Analysts note that formalizing Bitcoin as a strategic asset could tighten supply (by halting government sell-offs) and boost BTC’s role in national finance. (Source: [FXStreet, May 5, 2025] and [Coindoo, May 5, 2025]
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