
U.S. federal agencies face a Monday deadline to report their cryptocurrency holdings to the Treasury.
The government's crypto holdings, including significant amounts of Bitcoin, are aimed to be managed through a "Bitcoin Reserve".
While agencies must report internally, public disclosure of these holdings remains uncertain, and market impacts are yet to be determined.
The US government is about to shed light on how deep their hands are in the cookie “crypto” jar.
As global markets remain shaky and crypto prices swing, federal agencies face a major deadline on Monday. They must report their Bitcoin and other crypto holdings to the Treasury Secretary โ a move that could shape how the country handles digital assets going forward.
This could reveal how deep the governmentโs crypto ties really run. With talk of a digital Fort Knox and strategic reserves, Mondayโs deadline might mark the start of a much bigger shift in how the US approaches crypto. Here’s what we know so far.
Crypto Reporting Deadline Hits
According to Fox Business journalist Eleanor Terrett, a White House official confirmed that all federal agencies must submit their crypto holdings to Treasury Secretary Scott Bessent by Monday. This requirement follows a March 6 executive order from President Donald Trump, which called for the creation of a Strategic Bitcoin Reserve and a Digital Asset Stockpile.
In response to a follower who asked if any of this data would be made public today, Terrett said the reports are due internally, but itโs still unclear whether or when the public will get to see those numbers.
A โDigital Fort Knoxโ for Government-Seized Crypto
These new structures are meant to better manage the governmentโs growing stash of digital assets โ most of which come from criminal or civil seizures. The Strategic Bitcoin Reserve, described as a “digital Fort Knox,” will store seized Bitcoin for long-term holding. On the other hand, the Digital Asset Stockpile gives the Treasury more flexibility to manage or sell other non-Bitcoin assets as needed.
Even though agencies must report to the Treasury, they arenโt required to share that information with the public. So while the Monday deadline is confirmed, thereโs no guarantee the public will learn what the reports reveal.
What the Government Currently Holds
Right now, the US government holds about 198,012 BTC, worth roughly $15 billion, according to tracking platform Arkham Intelligence. In addition to Bitcoin, it also holds other cryptocurrencies like ETH, WBTC, BNB, and TRX. These altcoin holdings are estimated to be worth around $380 million.
Interestingly, the government once held close to 400,000 BTC from past seizures, but it has since sold nearly 195,000 BTC, bringing in around $366 million.
Trumpโs Picks: Not Just Bitcoin
Although Trumpโs executive order focused mainly on Bitcoin, it also mentioned Ethereum, XRP, Solana, and Cardano as leading cryptocurrencies. However, his crypto advisors, David Sacks and Bo Hines, later explained that these mentions were symbolic, based on their market cap rankings โ not a sign of preference or specific strategy.
Since the reserve was first introduced, Bitcoinโs price has fallen nearly 17%, dropping from above $94,000 to around $77,800 amid rising global uncertainty and economic tension. Whether the upcoming reports shift market sentiment remains to be seen.
The deadline might bring answers, or just more questions. Either way, we’ll keep you updated.