US Agencies Face April 7th Deadline to Report Cryptocurrency Holdings

U.S. federal agencies have a critical deadline approaching – by April 7th, they must submit reports on their holdings of Bitcoin and other cryptocurrencies to Treasury Secretary Scott Bessent. This order follows President Donald Trump’s March 6 executive order establishing the Strategic Bitcoin Reserve and Digital Asset Stockpile, which details how these assets will be held and managed. 🔐 Notably, these reports are confidential, with no public disclosure requirements, although the White House has confirmed that the deadline is tomorrow. 🗓️ The U.S. government currently possesses a substantial portfolio of Bitcoin, estimated at over $15 billion. Details about this initiative, along with information on the anticipated use of these assets, will be made available in subsequent reports.