US Treasury and Other Federal Agencies Will Disclose Their Bitcoin (BTC) Holdings on April 5

The US Department of the Treasury and other federal agencies are expected to disclose their holdings of Bitcoin (BTC) and other cryptocurrencies

The US Department of the Treasury and other federal agencies are expected to disclose their collective Bitcoin (BTC) and cryptocurrency holdings by April 5, according to a presidential executive order.

The upcoming government crypto snapshot is part of President Donald Trump’s broader plan to establish a Strategic Bitcoin Reserve (SBR) and a broader Digital Asset Stockpile. The move follows an executive order signed by the president on March 6, and comes in response to bipartisan legislation passed by Congress in December.

According to a presidential document published on March 11, all federal agencies must submit a report detailing their digital asset holdings to the Treasury Secretary within 30 days of the order. The document also states that the Treasury Secretary will be responsible for establishing two new offices within the Treasury Department: one to manage, in coordination with other federal agencies, any digital assets held by the government; and another to oversee the development of U.S. digital asset policy.

The SBR in particular, will hold Bitcoin acquired through criminal or civil forfeiture with a mandate not to sell the BTC—similar to a “digital Fort Knox” for long-term value storage.

The upcoming audit results could offer greater clarity on Bitcoin’s recent price movements, according to David Bailey, CEO of BTC Inc and a close advisor to President Trump. On X, Bailey commented: “April 5th (this Saturday) the USA must complete a full audit of the nation’s Bitcoin holdings. Depending on what we learn, might answer many of the open questions about the recent price action.”

When asked about the public release of the audit findings, Bailey responded, “I imagine we’ll learn quickly.” He also speculated on whether the US might hold more or fewer BTC than expected, remarking, “I suspect less but it’s just a guess.” In response to a question on how the amount of US government-held BTC could influence market sentiment, Bailey remained optimistic: “Everything is bullish for Bitcoin.”

Senator Cynthia Lummis (R-WY) spoke at the Digital Asset Summit on March 19, offering some insights into the figures. However, these were not officially confirmed.

Lummis said that the prior administration may have sold a significant portion of the United States’ confiscated BTC, and that her office is now trying to ascertain the remaining amount and whether it has been fully surrendered to U.S. custody.

These confiscations, thought to span 12 years and be tied to illicit activities, could yield more than 207,000 BTC and form the foundation for the newly created Strategic Bitcoin Reserve.

“We think that could be the basis for the first year’s installment of a strategic Bitcoin reserve. We think the United States has held about 200,000 Bitcoin in asset forfeiture. What we don’t know is how much of that the Biden administration was selling right before the Trump administration took office,” Lummis said.

Although official figures remain unverified, Bo Hines, Executive Director of the U.S. Presidential Council of Advisers for Digital Assets, offered further insight into the government’s prior dealings. In an interview two weeks ago, Hines suggested the U.S. once possessed around 400,000 BTC, having sold approximately half for a fraction of its present market value.

He lamented the missed opportunity: “If we would have held on to that, it would have been worth $17 billion today. I mean, it just goes to show you how important this asset is and what we can do with it to benefit the American people.”

Hines also confirmed that budget-neutral expansion of U.S. Bitcoin reserves is a priority.

“We feel like it’s in the best interest of Americans to hold on to this asset long term and accumulate as much as we can get. … We’ve talked about building the digital Fort Knox for the United States,” he said, adding that an internal working group is currently exploring methods to achieve this goal without burdening taxpayers.

At press time, BTC traded at $84,491.

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