#BitcoinReserveDeadline

▪︎U.S. Treasury's Strategic Bitcoin Reserve Report Delayed

The U.S. Treasury failed to meet the May 5 deadline for a report on the Strategic Bitcoin Reserve, mandated by President Trump's March 6, 2025 executive order. This order required federal agencies to report their Bitcoin holdings within 30 days and the Treasury Secretary to submit an evaluation within 60 days. The reserve is to consist solely of BTC from forfeitures, while a separate Digital Asset Stockpile is planned for other assets. Despite the significance of the initiative, there has been no communication from the Treasury or Secretary Bessent regarding the missed deadlines.

▪︎Strategic Bitcoin Reserve Deadline Insights

The Strategic Bitcoin Reserve deadline is creating significant market buzz. Analysts suggest BTC's price appears strong before this pivotal deadline, with expectations tied to MicroStrategy's Q1 earnings. U.S. federal agencies must disclose their Bitcoin and crypto holdings by April 5. Recent reports highlight the delayed response from the U.S. Treasury regarding these disclosures. Upcoming catalysts for Bitcoin's price include the Strategic Reserve report and MicroStrategy's earnings, which are anticipated to influence market dynamics.