U.S. Bitcoin Reserve Could Launch This Year, Says Expert
Galaxy Digital's Alex Thorn predicts the U.S. will establish a Strategic #Bitcoin Reserve before 2025 ends. The research head believes markets are underestimating the likelihood of such an announcement.
"I still think there's a strong chance the U.S. government will announce this year that it has formed the strategic Bitcoin reserve," Thorn posted on social media Thursday. He argued that the market is "completely underpricing" this possibility.
President #Trump signed an executive order in March establishing both the Strategic
$BTC Reserve and U.S. Digital Asset Stockpile. However, a formalized strategic plan has not yet been confirmed, leaving implementation timelines uncertain.
Recent legislative developments suggest progress is being made. U.S. lawmakers introduced a bill Tuesday directing the Treasury to examine the feasibility and technical considerations of the #StrategicBitcoinReserve.
A Trump administration crypto liaison confirmed in July that officials remain keen on establishing the reserve. This occurred despite the initiative receiving only a brief mention in the recent crypto policy report.
Not all industry participants share Thorn's optimism about timing. Former CoinRoutes chairman Dave Weisburger suggested the announcement is more likely to occur in 2026 instead.
Weisburger believes the administration is "too smart to announce anything until after they accumulate to their initial target." This strategy would allow the government to build reserves before making public commitments.
Some Bitcoin advocates worry that delays could put America at a disadvantage. Jan3 founder Samson Mow warned the U.S. risks being "front-run by Pakistan" if accumulation doesn't begin this year.
International developments are adding urgency to these concerns.
