#BitcoinReserveDeadline

The Strategic Bitcoin Reserve deadline refers to a May 5, 2025, mandate from a March 6, 2025, executive order signed by President Donald Trump. It required the U.S. Treasury, led by Secretary Scott Bessent, to submit a comprehensive assessment on establishing and managing a Strategic Bitcoin Reserve using approximately 200,000 BTC ($19 billion) already held by the federal government from criminal and civil forfeitures. The reserve aims to treat Bitcoin as a permanent reserve asset, similar to gold, and prohibit its sale. A separate U.S. Digital Asset Stockpile for other cryptocurrencies (e.g., Ethereum, Solana, XRP, Cardano) was also established, but no additional assets beyond forfeitures will be acquired.The deadline sparked market anticipation, with Bitcoin prices consolidating around $95,000–$97,000 in early May 2025. Analysts suggested the reserve could legitimize Bitcoin as a sovereign-grade asset, potentially triggering global competition among central banks. However, limited official communication and no clear plan for active Bitcoin purchases disappointed some investors, causing brief price dips (e.g., 5–6.5% post-announcement). Long-term, the move is seen as bullish, enhancing Bitcoin’s geopolitical importance. A related bill by Senator Cynthia Lummis, proposing a 1 million BTC purchase over five years, was introduced in March 2025 but awaits further action.