Trump Admin Considers Disclosing US Bitcoin Holdings as Strategic Reserve Plans Advance

The Trump administration is weighing a significant move to enhance transparency in its cryptocurrency strategy by potentially releasing a Treasury Department report detailing the US government’s Bitcoin holdings.

Bo Hines, senior advisor to President Trump on digital asset policy, announced on Thursday that the administration might voluntarily publish these holdings, a statement first reported by journalist Eleanor Terrett. This development follows President Trump’s March 6 executive order, which established the Strategic Bitcoin Reserve and a Digital Asset Stockpile, signaling a proactive stance on integrating digital assets into national financial frameworks. As the administration pushes forward with infrastructure for the Bitcoin reserve and aims to finalize crypto market structure legislation by September, the potential disclosure could mark a pivotal moment for the US government’s role in the cryptocurrency space.

Strategic Bitcoin Reserve and Legislative Push

Under the March 6 executive order, federal agencies are required to submit reports on their crypto holdings to Treasury Secretary Scott Bessent by April 7. While the directive does not mandate public disclosure, Hines indicated that his team is considering making the Bitcoin holdings public to foster transparency. The administration is also exploring whether to disclose holdings of other digital assets, though no final decision has been confirmed. Hines emphasized that infrastructure development for the Strategic Bitcoin Reserve is underway, with the administration keen on acquiring additional Bitcoin through budget-neutral methods, aligning with its broader goal of positioning the US as a leader in the digital asset economy.

The administration’s ambitions extend beyond reserve development to include comprehensive legislative reforms for the cryptocurrency market. Hines stated on X that the White House is committed to completing crypto market structure legislation by September, a timeline he reiterated during a fireside discussion with Senators Cynthia Lummis and Tim Scott.

Senator Lummis, a vocal advocate for digital asset innovation, announced plans to release a draft bill before Congress recesses in August, with the goal of marking it up in September. This legislative effort aims to provide clear guidelines for digital asset markets, exchanges, and stablecoin issuers, addressing long-standing demands from industry stakeholders for regulatory clarity. The push for legislation reflects the administration’s recognition of cryptocurrencies as a critical component of the modern financial landscape.