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U.S. Bitcoin Reserve Push Gains With Treasury Study Bill as Analysts Split on Timing

A newly introduced measure seeks a Treasury feasibility study to test whether the March framework can be executed.

Overview

  • A bill introduced this week would direct the Treasury to assess the technical and legal feasibility of a Strategic Bitcoin Reserve.
  • President Trump’s March executive order established a framework for an SBR and a U.S. Digital Asset Stockpile, but no detailed implementation plan has been released.
  • Galaxy Digital’s Alex Thorn says a formal SBR announcement is likely by year‑end, while Dave Weisburger argues 2026 is more plausible following quiet accumulation.
  • Reports indicate the administration’s crypto liaison signaled continued interest despite only brief references in recent policy materials.
  • Kyrgyzstan advanced a national crypto‑reserve bill and Indonesian advocates met officials on state strategy, and Bitcoinist links the speculation cycle to a $HYPER presale exceeding $15.5 million.