Key Takeaways
- The U.S. Treasury missed the Might 5 deadline to launch its Strategic Bitcoin Reserve report.
- President Trump’s March 6 order mandated the consolidation of seized Bitcoin right into a nationwide reserve.
- No public updates have been issued regardless of clear 30- and 60-day deadlines for company reporting and Treasury analysis.
Might 5 marked the deadline for the U.S. Treasury to ship its mandated report on establishing a Strategic Bitcoin Reserve, but no public replace has been supplied.
The requirement stems from an government order issued by President Trump on March 6, 2025, directing the Treasury to consolidate seized Bitcoin holdings and formalize a nationwide reserve.
Government Order particulars
The chief order gave federal businesses 30 days to report their Bitcoin and different digital asset holdings to the Treasury, and 60 days for Treasury Secretary Scott Bessent to submit an analysis detailing authorized, custodial, and legislative suggestions for the brand new reserve.
Strategic Bitcoin Reserve & digital asset stockpile
The Strategic Bitcoin Reserve was to be capitalized completely with BTC obtained by way of civil and prison forfeitures, explicitly barring gross sales and treating the property as everlasting nationwide reserves.
The order additionally referred to as for the creation of a broader Digital Asset Stockpile for different forfeited digital property, with BTC held individually resulting from its fastened provide and distinctive position.
Acquisition methods
Beneath the order, the Treasury and Commerce Departments have been additionally instructed to discover budget-neutral methods for buying extra BTC.
Nevertheless, new acquisitions of different digital property have been prohibited except tied to authorized forfeiture proceedings.
Lack of communication
Regardless of the significance of the initiative and the clear deadlines outlined within the March 6 order, there was no communication from the Treasury or Secretary Bessent as of the Might 5 deadline.