Bitcoin's U.S. reserve still a work-in-progress as federal agencies hash it out
The U.S. government is currently navigating internal bureaucratic challenges to establish a strategic Bitcoin reserve as proposed by President Trump. While the administration aims to formalize these holdings, the lack of legislative backing and potential political shifts in Congress create uncertainty regarding the project's future.
Why it matters
The creation of a sovereign cryptocurrency reserve would represent a major shift in national fiscal policy and global financial strategy, signaling a significant institutional adoption of digital assets.
Trump had issued an executive order in March of 2025 to get the work started on what he called a strategic reserve for bitcoin and a separate stockpile of several other cryptocurrencies. The federal agencies have since examined what crypto holdings the U.S. has (and has declined to share that number ), and they've been devising a plan for building the funds, which Bloomberg reported on Monday has been made more complicated by the two departments both making a case to run them.
The article provides a balanced overview of the administrative hurdles and legislative realities, maintaining a neutral tone regarding the policy's feasibility.
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