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US Treasury Dept. to Officially Disclose Bitcoin and Crypto Holdings on April 5

US Treasury Dept. to Officially Disclose Bitcoin and Crypto Holdings on April 5

CryptoRoCryptoRo2025/04/01 21:22
By:Rada Mateescu

Key Points

  • The US government is expected to finalize the BTC stash audit later this week.
  • This audit will be the 1st complete accounting of the government crypto stash across federal agencies.

According to the latest reports, the US Department of the Treasury and other federal agencies will disclose their Bitcoin and crypto holdings on April 5.

The announcement will follow a finalized audit of the US government Bitcoin holdings and will clarify whether XRP, ADA and SOL are part of the US Crypto Stockpile, like Trump recently announced.

The Audit’s Results Could Explain Bitcoin’s Latest Price Movements

The CEO of BTC Inc, David Bailey, said that the audit results could shed more light on Bitcoin’s recent price movements.

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.

— David Bailey🇵🇷 $0.85mm/btc is the floor (@DavidFBailey) March 31, 2025

At the moment of writing this article, BTC is trading above $83,000, up by over 1% in the past 24 hours.

The coin’s price recorded a rebound following a dip to $81,000 levels on March 31.

BTC price in USD today

Trump Announced a Bitcoin and Crypto Reserve

On March 2, the US President, Donald Trump, announced the creation of a crypto stockpile, including Solana (SOL), Cardano (ADA), and XRP, sending the coins’ prices higher.

On the same day, he also mentioned Bitcoin and Ethereum, saying that he loves the digital assets.

Following his announcement, Eric Trump said that it was a genius move to reveal plans on Sunday when traditional markets are closed and Wall Street sleeps.

I love the genius of announcing a strategic reserve on a Sunday, when traditional markets are closed and Wall Street sleeps. For the first time, retail investors win. Traditional finance better catch up, or it will quickly become extinct. The world no longer runs on a Mon-Friday,… pic.twitter.com/EPtbEisbdI

— Eric Trump (@EricTrump) March 3, 2025

Following the March 2 announcement, Trump signed an Executive Order on March 6, establishing a Strategic Bitcoin reserve and a Crypto Stockpile, and now, the US is expecting the codification into law of the US President’s order.

The BITCOIN Act would involve the US buying 1 million BTC over a period of five years, and it would also prevent the country from selling its holdings, even if the nation’s administration changes.

US Federal Agencies Must Report Bitcoin and Crypto Holdings

A Presidential Document released by the Executive Office of the President on March 11, revealed that within 30 days of the order’s date, the head of each agency will have to provide the Secretary of the Treasury and the President’s Working Group on Digital Assets Markets with a full accounting of all Government Digital Assets in such agency’s possession.

This includes any information regarding custodial accounts in which Government Digital Assets are held that would be necessary to facilitate a transfer to the Strategic Bitcoin reserve or the US Crypto Stockpile.

Also, the notes highlighted that the SBR would hold Bitcoin acquired via criminal or civil forfeiture and will not sell its BTC, making it a “digital Fort Knox” for long-term value storage.

US Government Holds Over $16,5 Billion in BTC and Crypto

Arkham Intelligence data shows that currently, the US Government holds more than $16,9 billion in digital assets, of which $16,53 billion is in Bitcoin.

US Treasury Dept. to Officially Disclose Bitcoin and Crypto Holdings on April 5 image 0 Arkham data

According to their data, currently, the government holds 198,012 BTC and other crypto, including ETH, BNB, TRX, AAVE, and others. They hold memecoins and stablecoins as well.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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