The American government is close to the opening of the depth of its hands in the cryptography pot. While world market prices and cryptography prices are swinging, a crucial deadline is looming for American federal agencies. They must report their bitcoin and other cryptographic participations to the Treasury Secretary on Monday – a movement that could shape future cryptography strategies in the United States
Crypto reporting deadline hits
According to Eleanor Terrett, Fox journalist at Crypto in America, a White House official confirmed that all federal agencies were to submit their participations in the cryptocurrency to the Treasury Secretary Scott Bessent on Monday. This follows an executive decree of March 6 by former president Donald Trump calling for the creation of a strategic bitcoin reserve and a stock of digital assets.
In response to a follower asking if data would be published today, Terrett has suggested that although internal reports are due, it is still not clear if or when the public will see these figures.
These new structures aim to better manage the growing cryptographic assets of the government – mainly those obtained by criminal or civil forfeiture. The Bitcoin reserve, described as a “strong digital Knox”, will store confiscated bitcoin for long -term outfit, while storage of digital assets allows more flexibility, giving the treasury the possibility of selling or managing non -bitcoin active ingredients more actively.
Will the public know the figures?
Although agencies must present themselves to the Treasury, there is no obligation to make information public. Thus, although we know that the deadline is fixed, that the public can see the final report remains uncertain.
Currently, the United States government has around 198,012 BTC, worth around $ 15 billion, based on the follow -up of Arkham Intelligence. In addition to Bitcoin, the government also has ETH, WBTC, BNB and TRX, with Altcoin Holdings of a value estimated at $ 380 million.
Interestingly, the government once held nearly 400,000 BTCs from previous crises, but sold nearly 195,000 BTC over time, collecting around $ 366 million.
Trump’s choices: not just bitcoin
Although Trump’s executive order specifically highlighted Bitcoin, he also mentioned Ethereum, XRP, Solana and Cardano – citing them as dominant players in cryptographic space. His Crypto, David Sacks and Bo Hines advisers, then said that these mentions were symbolic, reflecting their market capitalization status rather than any preference or strategy.
Since the first introduction of the reserve, the Bitcoin price has dropped by almost 17%, from more than $ 94,000 to around $ 77,800 in an increase in global uncertainty and economic tension. It remains to be seen if the upcoming relationships move the feeling of the market.
