#BitcoinReserveDeadline

The Strategic Bitcoin Reserve deadline was May 5, 2025, as mandated by President Donald Trump's executive order on March 6, 2025. This order required the U.S. Treasury Secretary, Scott Bessent, to submit a comprehensive report on establishing and managing a Strategic Bitcoin Reserve using seized digital assets.¹

Key Points

- *Report Submission*: The report's submission status remains unclear, with no public confirmation or details available.

- *Potential Impact*: The outcome could significantly influence the U.S. government's Bitcoin holdings and fiscal policy.

- *Global Implications*: A positive evaluation might spark global competition among central banks to acquire and hold $BTC Bitcoin.² ³

Market Reaction

- *Bitcoin Price*: The price surged over 12.8% in the past month, with experts predicting a potential rally to $100,000 or even $120,000.

- *Market Sentiment*: Positive sentiment is evident, with a 40% surge in 24-hour trading volume.

Next Steps

- *Congressional Action*: The report might recommend legislative adjustments for proper management and administration.

- *Custodial Accounts*: Specialized accounts might be set up for the reserve.

- *Federal Purchases*: The government might initiate Bitcoin purchases or strategic mining partnerships.⁴