US Government to Reveal Bitcoin and Crypto Holdings on April 5

Highlights:

• The US government will disclose its Bitcoin and crypto holdings following a recent executive order.
• The price of BTC dropped after the reserve was announced, raising questions about market movements.
• The audit will confirm if altcoins are part of the national reserve or if the government will sell them.

The US Department of the Treasury and federal agencies will disclose their Bitcoin and other digital asset holdings on April 5. This report follows an executive order issued by President Trump on March 6, which required all federal agencies to submit details of their digital asset reserves. The order also directed the Treasury Secretary to establish offices to manage government-held crypto assets. Agencies had 30 days to comply with the directive and submit their reports.

April 5th (this Saturday) the USA must complete a full audit of the nation’s bitcoin holdings. Depending on what we learn, might answer many of the open questions about the recent price action.

— David Bailey🇵🇷 $0.85mm/btc is the floor (@DavidFBailey) March 31, 2025

The disclosure is expected to provide a clear picture of the government’s Bitcoin holdings. It will also set the record straight on if other assets like XRP, Solana, and Cardano will be included in the country’s digital asset reserves. As of now, the US government possesses approximately 198,012 Bitcoin that is worth around $16 billion.

This is the amount the government has been accumulating in years from civil and criminal asset forfeitures. This number, however, used to be higher. The government has previously had around 400,000 Bitcoin but sold about 200,000 of them, which David Sacks, the White House’s crypto policy lead, says yielded approximately $366 million.

Bitcoin Price Dropped Since the Reserve was Announced

Since the Strategic Bitcoin Reserve was announced, the price of BTC has dropped considerably. Bitcoin was a little over $92,000 when the reserve was created. In the meantime, the price has dropped to around $82,000, which is nearly a 10% drop. BTC has recovered today and is trading at $85,240, a 1.96% increase in the past day. In addition, the market cap has increased to $1.69 trillion. However, the trading volume is down 0.26% to $27.25 billion.

BTC Inc. CEO David Bailey has suggested that the government’s disclosure could explain some of the recent market activity. Although the full impact of the audit is unclear, traders and investors will likely pay close attention to the government’s report to see how it impacts the wider crypto market.

The Status of Altcoins to Be Confirmed Soon

The executive order issued by President Trump included references to digital assets beyond Bitcoin. XRP, Solana, and Cardano were among the altcoins mentioned, but the order did not confirm whether they would be part of the national digital asset reserve. The question of whether these assets will be included in the holdings reported by federal agencies will be determined in the upcoming audit.

Crypto supporters have debated the possibility of the US government holding altcoins. Bitcoin advocates have argued that Bitcoin is the only asset that should be in a national reserve. However, others believe that altcoins would play a major role in the reserve. The audit of these digital assets will reveal whether they would be held, liquidated, or omitted from future government reserves.

Investors and analysts are waiting for the official disclosure to know the government’s position for now. The report is expected to show the government’s crypto strategy and how it will go about digital assets in the long term.