#BitcoinReserveDeadline

As of May 6, 2025, the U.S. Treasury has missed the May 5 deadline to submit its mandated report on the establishment of a Strategic Bitcoin Reserve, as directed by President Trump's executive order issued on March 6, 2025. This report was expected to outline how the government would manage and utilize seized Bitcoin assets. The absence of this report has led to uncertainty in the cryptocurrency market, with Bitcoin trading around $94,800, reflecting cautious investor sentiment. Bitcoinist.comBitbo

In contrast, New Hampshire has taken a proactive step by becoming the first U.S. state to establish a cryptocurrency reserve. Governor Kelly Ayotte signed HB 302 into law, allowing the state treasurer to invest up to 5% of public funds in digital assets and precious metals, specifically including cryptocurrencies with a market capitalization exceeding $500 billion, currently applying only to Bitcoin. This move positions New Hampshire ahead of federal initiatives in integrating digital assets into state-level financial strategies. Business Insider

Meanwhile, other states like Florida have withdrawn their plans to establish a Strategic Bitcoin Reserve, indicating a varied approach to cryptocurrency adoption across the U.S. FXStreet

The delay in the federal report and the differing state-level actions contribute to an atmosphere of uncertainty in the crypto market, as stakeholders await clearer regulatory guidance and policy direction.