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

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.