US to Disclose Cryptocurrency Holdings Including Bitcoin, XRP, Solana, and Cardano
Date: 2025-04-02 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
President Trump issued an executive order on March 6 establishing the Bitcoin Strategic Reserve and the Digital Asset Reserve, requiring federal agencies to report their crypto holdings within 30 days. The order, issued on March 11, requires all government agencies to report their ownership of Bitcoin and other digital assets to the Secretary of the Treasury.
The Treasury Secretary has also been tasked with creating two new positions related to Bitcoin management. The primary purpose of the Bitcoin Strategic Reserve will be to accumulate Bitcoin through forfeitures in criminal or civil cases, rather than trading it. The reserve is intended to act as a “digital Fort Knox” — a secure storage facility for long-term value preservation.
BlackRock CEO Larry Fink recently noted that the United States could lose its status as the world’s reserve currency if it does not address its national debt problem. In his annual letter to investors, he emphasized that continued deficit growth and debt uncontrol could weaken America’s position, paving the way for digital assets like Bitcoin.
At the same time, Moody’s has downgraded its outlook on the US national debt to negative. This decision follows President Trump’s introduction of new tax breaks and tariffs, which experts say are not backed by the necessary financial resources.
According to Arkham Intelligence, the US government currently holds approximately 198,012 BTC, which is worth $16 billion. These reserves could become an important factor in the country’s digital asset management strategy.
