Today, on May 5th, the U.S. Treasury must hand in a critical report on how it will create and manage a Strategic Bitcoin Reserve. This requirement comes from President Trump’s executive order of March 6, 2025.
The order directs the Treasury to use Bitcoin seized in legal cases, such as those against Silk Road and Bitfinex hackers, to form a reserve.
Seized Assets as Reserve Capital
The government already holds 198,012 BTC, valued at over 18 billion dollars. Under the plan, these coins would be locked in the reserve and not sold off.
The idea is to treat Bitcoin like gold in a vault, as a stable asset for the nation. Analysts see this as a major test of whether the U.S. will fully embrace digital currency.
Industry Reactions
Reactions in the crypto world are split. Some experts argue this move could speed up global acceptance of Bitcoin. They say a national reserve would send a clear message that digital assets are here to stay. Others remain doubtful.
Arthur Hayes, co‑founder of BitMEX, told industry audiences that Bitcoin still carries a cultural stigma. He quipped that the image of “Bitcoin bros at the club” does not match the sober image of national fiscal policy.
Funding Without Taxpayer Dollars
A senior White House advisor hinted that the administration may tap import tariff revenue to buy more Bitcoin. This plan would avoid using taxpayer money and let the U.S. build up its holdings gradually.
Officials believe this approach could shield public finances from market swings while still growing the reserve.
Bitcoin’s Price Actions: $BTC to Pump?
If the Treasury green‑lights the reserve, markets could react strongly. Traders may see it as proof that the world’s largest economy backs Bitcoin, driving prices higher. Right now, Bitcoin trades at $94,321.40 and is down 1.20% in the past 24 hours.
The global crypto market cap stands at 1.87 trillion dollars, with trading volume equal to roughly 39.30% of that figure. ‘
A government reserve would likely push long‑term demand up, though short‑term volatility could rise as investors bet on policy details.
Also Read: U.S. Treasury and Commerce Department to Buy Bitcoin for Strategic Reserves, White House Confirm
Should the report recommend moving ahead, the U.S. would become the first major power to hold Bitcoin in a strategic reserve. That would mark a clear break from cautious central bank approaches.
Some see it as a move that could redefine how nations view digital assets. Others warn that tying national reserves to a volatile asset carries risks, especially if regulations or market conditions change unexpectedly.
A Historic Shift in Policy
As the Treasury submits its report, observers will watch for key points on custody, security and valuation methods. The details will reveal how seriously the government takes Bitcoin’s role in the financial system.
In the coming weeks, debates in Congress and among regulators may shape the outcome. For now, the report’s delivery is a milestone on the road to a new era of digital asset policy.
The Strategic Bitcoin Reserve proposal could reshape both U.S. fiscal policy and global views on cryptocurrency. By anchoring national reserves to Bitcoin, the government would send a strong message about the future of money.
Yet it must balance innovation against responsibility, ensuring that any gains do not come at the expense of financial stability. Today’s report is only the beginning of that challenge.