$BTC Trump announced in early March that the U.S. government's Bitcoin strategic reserve plan is about to be unveiled, which could lead Bitcoin into a new national reserve model. (Background: Bitcoin ETF has seen net inflows for four consecutive days, with institutions positioning for 'smart money' or lurking 'bull market traps'?) (Supplementary background: Bitcoin stabilizes at $93,000) FDV market cap surpasses Amazon and Google, U.S. stocks continue to soar with a nearly 4% increase.) The U.S. cryptocurrency policy is undergoing a historic turning point. Since the Trump administration signed the executive order to establish the Bitcoin strategic reserve on March 6, 2025, a report must be published within 60 days by law, and this date is approaching within two weeks. This plan signifies the first time the U.S. officially incorporates Bitcoin into its strategic asset considerations at the national level, funded by government revenue rather than taxpayers (the term used by the U.S. is neutral assets). It is reported that the first batch of Bitcoin to be included in the reserves is about 200,000 coins, which would make the U.S. one of the largest sovereign Bitcoin holders in the world. The national team is entering the field. The executive order requires the Secretary of the Treasury to submit an assessment report on establishing the Bitcoin strategic reserve within 60 days. According to the executive order, the deadline for this report is around May 5, 2025, with less than two weeks remaining. This report is expected to evaluate the legal feasibility, operational details, and investment strategies of the plan. Its content will directly influence the specific implementation path of the U.S. digital asset strategy, including how to manage this large inventory of cryptocurrency assets, which may have policy benefits for related compliant cryptocurrency companies and custodians in the U.S. Notably, amid recent market discussions on the independence of the Federal Reserve, Bitcoin has shown a trend of decoupling from traditional assets.
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