News View Non-AMP

U.S. Government Misses Deadline to Disclose Bitcoin and Crypto Holdings

Published by
Elena R

It’s been over a month since U.S. President Donald Trump signed a major executive order to create a Strategic Bitcoin Reserve and a Digital Asset Stockpile. The move made waves in the crypto world, sparking excitement and speculation. But now, the buzz has turned into silence — and questions are piling up.

With no public update and growing curiosity across the crypto space, many are wondering what’s going on behind the scenes. Here’s everything we know so far — and what could come next.

The 30-Day Deadline Has Come and Gone

The executive order, signed on March 6, required all federal agencies to report their Bitcoin and other cryptocurrency holdings to the Treasury Secretary within 30 days. That deadline passed on April 5, and now, 37 days after the order, there has been no public update. This delay has led to growing curiosity and concern in the crypto community, with many wondering what is happening behind the scenes.

Building the U.S. Crypto Stockpile

The plan is to use digital assets seized in criminal and civil cases to build two strategic reserves. These assets include not just Bitcoin, but also other cryptocurrencies like XRP, Solana (SOL), and Cardano (ADA), which Trump has previously mentioned.

According to BitcoinTreasuries, the U.S. government currently holds about 198,012 BTC, worth roughly $16.8 billion as of April 1. In March, White House crypto advisor David Sacks estimated the total to be around 200,000 BTC, though an official audit to confirm this number has not been released.

Time for Strategic Management

While the executive order allows the Treasury and Commerce Departments to explore ways to increase Bitcoin holdings, it clearly states that the U.S. will not be acquiring additional digital assets beyond those already seized.

Trump specifically mentioned that XRP, SOL, and ADA will be part of the government’s crypto stockpile. If agencies confirm holdings in these tokens, it could have a big impact on the market, potentially driving demand and boosting investor confidence.

Markets are Worried

However, broader market sentiment is being affected by Trump’s aggressive trade policies and the possibility of new global tariffs. Despite a brief recovery on April 1, the total cryptocurrency market cap has dropped by 7% in the past week, now standing at $2.76 trillion.

All Eyes on the Treasury

As time passes, the crypto world continues to watch closely, waiting for the Treasury’s overdue report. With growing speculation, the upcoming disclosure could have a major influence on both the government’s crypto strategy and the market’s future movements.

In a market that moves by the minute, 37 days of waiting feels like forever.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Recent Posts

Fact Check: Will Ripple Vs SEC End on Thursday?

The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) might…

May 4, 2025

Pi Coin News: Banxa Opens Doors to Pi Network in 100 Plus Countries with KYB Approval

A few days ago, Banxa temporarily suspended Pi transactions, likely due to pending KYB (Know…

May 4, 2025

XRP Price Prediction For May 2025

XRP is currently trading in a tight range and continues to struggle to break above…

May 4, 2025

XRP Rich List: How Much XRP Puts You in the Top 10%

XRP is one of the most talked-about cryptocurrencies, but few people understand how small its…

May 4, 2025

Dogecoin To The Moon? Price Eyes $0.27

After months of sluggish price action and sideways consolidation, Dogecoin (DOGE) may finally be on…

May 4, 2025

Altcoin Rebound Incoming? 5 Top Picks Including Codename: Pepe and XRP for 1,000x Potential

Excitement brews in the crypto realm as speculation grows about a potential altcoin resurgence. Analysts…

May 3, 2025