#BitcoinReserveDeadline The deadline for the U.S. Treasury to submit its assessment on establishing a Strategic Bitcoin Reserve was May 5, 2025. This requirement stems from an executive order signed by President Trump in March 2025, mandating federal agencies to review their authority to transfer any government-held Bitcoin to the Strategic Bitcoin Reserve and report their findings to the Treasury within 30 days .

The Strategic Bitcoin Reserve is intended to serve as a store of reserve assets, with the U.S. government committing not to sell the deposited Bitcoin. Additionally, the Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring more Bitcoin, ensuring no additional costs to American taxpayers .

While the federal initiative progresses, state-level efforts have encountered challenges. For instance, Florida has indefinitely postponed its plans to establish a state-held Bitcoin reserve, withdrawing two related bills from consideration . Similarly, other states like Wyoming, Montana, and Pennsylvania have shown reluctance or have rejected similar proposals .

As of now, the U.S. Treasury's report on the Strategic Bitcoin Reserve is pending public release. The outcome of this initiative could have significant implications for the nation's fiscal policy and its stance on digital assets.