On March 6, 2025, President Donald Trump signed an executive order creating the Strategic Bitcoin Reserve, but the exact size of the government's Bitcoin holdings remains disputed.
Most attention at the time focused on the broader concept: the US would build what was described as a digital Fort Knox, the government would stop selling Bitcoin, and Washington could potentially add more to the reserve without cost to taxpayers.
The executive order's operative language, while less publicized, contained key procedural details that would determine whether the Strategic Reserve could function as intended. Under the order, every federal agency was given 30 days to provide the Treasury Department with a full accounting of its digital assets, identify the custodial accounts holding them, and review whether eligible Bitcoin could legally be transferred into the reserve.
Despite this directive, there is no public consensus on how much Bitcoin the United States actually owns as part of the reserve. Agencies' accounting processes and the legal review of transferable holdings have not produced a clear, agreed-upon figure.
For more details, read the original report at CryptoSlate.
