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The U.S. government is getting closer to opening up just how deep its hands go into the crypto jar. As global markets wobble and crypto prices swing, a crucial deadline looms for American federal agencies. They must report their Bitcoin and other crypto holdings to the Treasury Secretary by Monday—a move that could shape future crypto strategies in the U.S.
Crypto Reporting Deadline Hits
According to Eleanor Terrett, a Fox journalist at Crypto in America, a White House official confirmed that all federal agencies must submit their cryptocurrency holdings to Treasury Secretary Scott Bessent by Monday. This follows a March 6 executive order from former President Donald Trump calling for the creation of a Strategic Bitcoin Reserve and a Digital Asset Stockpile.
In response to a follower asking if any data would be released today, Terrett implied that while the internal reporting is due, it’s still unclear if or when the public will see those figures.
These new structures aim to better manage the government’s growing crypto assets—mainly those obtained through criminal or civil forfeiture. The Bitcoin Reserve, described as a “digital Fort Knox,” will store confiscated Bitcoin for long-term holding, while the Digital Asset Stockpile allows more flexibility, giving the Treasury the ability to sell or manage non-Bitcoin assets more actively.
Will the Public Know the Numbers?
While the agencies must report to the Treasury, there’s no obligation to make the information public. So, while we know the deadline is set, whether or not the public gets to see the final report remains uncertain.
Currently, the U.S. government holds about 198,012 BTC, valued at around $15 billion, based on tracking by Arkham Intelligence. In addition to Bitcoin, the government also owns ETH, WBTC, BNB, and TRX, with altcoin holdings worth an estimated $380 million.
Interestingly, the government once held nearly 400,000 BTC from previous seizures but sold off nearly 195,000 BTC over time, bringing in roughly $366 million.
Trump’s Picks: 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 the crypto space. His crypto advisors, David Sacks and Bo Hines, later clarified that these mentions were symbolic, reflecting their market cap status rather than any preference or strategy.
Since the reserve was first introduced, Bitcoin’s price has fallen nearly 17%, dropping from above $94,000 to around $77,800 amid rising global uncertainty and economic tension. Whether the upcoming reports shift market sentiment remains to be seen.