#BitcoinReserveDeadline The Strategic Bitcoin Reserve deadline was yesterday, May 5, 2025. According to President Donald Trump's executive order, the U.S. Treasury Secretary Scott Bessent was required to submit a comprehensive assessment on establishing and managing a Strategic Bitcoin Reserve using seized digital assets ¹.

Key Points of the Reserve

- *Purpose*: The reserve aims to manage seized Bitcoin assets, maintain them as reserve assets, and potentially acquire additional Bitcoin.

- *Funding*: The reserve will be capitalized with Bitcoin already held by the Department of the Treasury, acquired through forfeitures.

- *Management*: The report is expected to outline how the reserve will be managed, including custodial concerns and potential legislative changes ¹ ².

Potential Impact on Bitcoin Price

The anticipation of the reserve's establishment has sparked speculation about a potential price rally. Some analysts predict Bitcoin's price could surge past $100,000 and reach a new all-time high of $120,000 or more. However, the current price trend shows a slight decline, with Bitcoin priced around $93,840.45 ³ ⁴.$BTC