Galaxy Digital’s Alex Thorn said there is a “strong opportunity” for the US government to announce its advanced formation Expected Strategic Bitcoin Reserve By the end of this year.
The reserve is similar to traditional strategic preparations maintained by the federal government, such as the strategic oil reserve and the strategic gold reserve held at Fort Knox’s U.S. bullion depository.
The US strategic Bitcoin reserve can be established in 2025, but concerns remain about its feasibility
On Thursday’s X-Post, Galaxy Digital’s research director pointed out that the market is “completely lowering” the possibility of such historical development. Thorne’s optimism comes six months after President Donald Trump officially established his strategic Bitcoin reserve and US digital asset stockpile in March 2025. However, no robust plans have been announced yet.
EO shows a dramatic change in the federal government’s approach to cryptocurrency, bringing an end to previous practices Digital assets sale has been seized As part of civil forfeiture and criminal proceedings through public auctions. Instead, it is used to capitalize Bitcoin and crypto stockpiles.
The US government is the world’s largest known state holder with an estimated 198,000 BTC as of August 2025, with Trump’s EO banning the Department of Justice (DOJ). Digital Asset Forbidden Programfrom the sale of Bitcoin, instructing the agent to explore the options instead, moving to the newly established reserve. Additionally, the Ministry of Finance and Commerce are being asked to develop a “budget neutral” plan that will acquire additional coins without progressive costs for taxpayers.
The White House has also assigned cryptocurrency managers for third-party facilities to provide secure custody, wallet management and liquidation services to the assets. Government holdings lead to a non-shared approach where multiple federal agencies are scattered across multiple federal agencies, leaving options to maximize their value and security untapped. The CEO’s working group on the digital asset market will carry out regulatory oversight of strategic Bitcoin reserves and digital asset stockpiling.
The executive order proposed a 30-day deadline to consider all digital assets held by various federal agencies and assess their transfer powers, but Treasury Secretary Scott Bescent and Commerce Secretary Howard Rutnick were tasked with proposing relevant laws within 60 days. However, both deadlines pass without general announcements or obvious action from government agencies, raising questions about whether the reserves will come to fruition.
This also coincides with a significant change in regulatory approaches to crypto assets, with the Securities and Exchange Commission (SEC) classifying the Commodity Futures Trading Commission (CFTC), an enforcement action by previous managers against digital asset companies, as well as its passage. Genius act – Stablecoins’ first comprehensive federal regulatory framework in July. These moves show a broader custody stance from the Trump administration, far from his first term in the White House.
Ministry of Finance to submit feasibility and technical report on strategic Bitcoin reserves to Congress within 90 days
Recently, there have been some important developments that suggest that the plan is ongoing. On Tuesday, U.S. lawmakers introduced a House budget bill that directs the Treasury to prepare a report on the feasibility and technical considerations of proposed strategic Bitcoin reserves within 90 days. Meanwhile, in July, the President’s Digital Assets Working Group released its Crypto Policy Report.
Not all market experts are in line with Thorn’s forecasts. Coinroot former chairman Dave Weisberger claims it is likely to happen in 2026. The Trump White House also added that he was “too smart to announce anything” until he reached his initial accumulation goal.
Some prominent Bitcoin fears that if it delays the accumulation process even further, the United States risks falling behind other nation-states. Founder of Jan3 Samson Mo warned In June, the government will have to start acquiring Bitcoin this year or be front-lined by other countries such as Kyrgyzstan, Indonesia and Pakistan, seeking preparation for crypto strategy.
Bitcoin Act and state-level Bitcoin Reserve Act are underway
Congressional support for strategic Bitcoin reserves has gained great momentum, with Sen. Cynthia Ramis introducing “.Increase innovation, technology and competitiveness through nationally optimized investments” Activities, Another name Bitcoin Activitiesjust five days after Trump’s executive order. If passed, the comprehensive law codifies the provisions of EO and establishes a more robust framework for the acquisition and management of federal Bitcoin.
The Bitcoin Act proposes that the Ministry of Finance will purchase up to 1 million BTC in five years in various ways and accept it for at least 20 years. The bill requires that these Bitcoins be stored digitally, equivalent to “Fort Knox.” It also needs to integrate all government-controlled Bitcoin into strategic reserves and implement a blockchain-based reservation audit system for transparency.
Several states are also continuing their moves by advancing their own Bitcoin Reserve Act to position themselves as a crypto-friendly jurisdiction. These state-level initiatives serve both as programs that diversify your financial strategy and as marketing tools to attract crypto-related businesses and talent. As of September 2025, three US states had passed laws related to strategic Bitcoin reserves in New Hampshire, Arizona and Texas.
At the time of writing, Bitcoin (BTC) has traded at $116,053, up 0.91% over the past 24 hours.
