U.S. Government Prepares to Reveal Bitcoin Holdings as 30-Day Audit Comes to End

The U.S. government is on the verge of wrapping up a detailed audit of its Bitcoin and cryptocurrency holdings, with an official disclosure slated for April 5, 2025. This move comes as part of a broader push by the Treasury Department and federal agencies to provide transparency into the nation’s digital asset reserves, a process spurred by President Trump’s recent executive actions.

The audit follows President Trump’s March 6 executive order, which mandated the creation of both a Strategic Bitcoin Reserve and a broader Digital Asset Stockpile. A subsequent presidential document, released on March 11, required all federal agencies to submit detailed reports of their Bitcoin and other cryptocurrency holdings to the Treasury Secretary within 30 days. The document says:

Sec. 4 . Accounting. Within 30 days of the date of this order, the head of each agency shall provide the Secretary of the Treasury and the President's Working Group on Digital Asset Markets with a full accounting of all Government Digital Assets in such agency's possession, including any information regarding the custodial accounts in which such Government Digital Assets are currently held that would be necessary to facilitate a transfer of the Government Digital Assets to the Strategic Bitcoin Reserve or the United States Digital Asset Stockpile. If such agency holds no Government Digital Assets, such agency shall confirm such fact to the Secretary of the Treasury and the President's Working Group on Digital Asset Markets within 30 days of the date of this order.

This directive also tasked the Treasury with setting up two specialized offices to oversee these assets. The Strategic Bitcoin Reserve, in particular, will manage Bitcoin obtained through criminal and civil forfeiture, adopting a long-term holding strategy rather than selling off these assets. Described as a “digital Fort Knox,” this reserve aims to position Bitcoin as a stable store of value for the government, mirroring the role of gold in traditional finance.

Price Volatility Persists Amid Strategic Reserve Rollout

Despite the ambitious framework of the Strategic Bitcoin Reserve, its introduction has yet to calm Bitcoin’s choppy waters. Since the reserve was announced, Bitcoin's price has slid roughly 10%, falling from a high above $92,000 to around $84,000. Analysts point to broader economic pressures, including tariff concerns, as key drivers of this decline. The Treasury’s upcoming disclosure may offer clues about whether the government’s holdings—or its plans for them—could counteract these market headwinds. For now, the interplay between policy and price remains a focal point for investors tracking Bitcoin’s trajectory.

Data compiled by Arkham Intelligence suggests the U.S. government has almost 200K BTC, valued at around $17 billion based on recent market rates. This substantial stash shows the nation’s growing role in the crypto ecosystem, raising questions about how these assets might be leveraged moving forward. The upcoming disclosure will also clarify whether other prominent digital currencies, such as XRP, Solana, and Cardano, which were previously highlighted by President Trump, will join Bitcoin in the national stockpile.