- US government to disclose complete Bitcoin and altcoin holdings after a multi-agency audit scheduled for April 5.
- President Trump’s executive order formalizes Bitcoin as a strategic reserve asset, with altcoins under further assessment.
- The audit includes holdings from federal agencies, with 198,012 BTC already confirmed through civil and criminal forfeitures.
The US government will unveil its cryptocurrency holdings this Saturday, April 5, following a nationwide audit across federal agencies. The disclosure is expected to include detailed data on Bitcoin reserves and potentially other major altcoins such as XRP, ADA, and SOL. The creation of this Bitcoin system emerged from a presidential executive order under Donald Trump that declared Bitcoin an essential element for national strategic reserves.
President Trump’s directive aims to position Bitcoin as a reserve asset within the national financial framework. The order, already in effect, has sparked renewed attention on the inclusion of alternative cryptocurrencies. While Bitcoin’s position has been formalized, the roles of XRP, ADA, and SOL remain under review, pending the audit results. This move signals a broader shift in digital asset strategy at the federal level.
Treasury and Federal Agencies Conduct Inventory Audit
The Department of the Treasury and multiple federal agencies have completed a joint audit to assess the extent of cryptocurrency holdings. The results are scheduled for public release this weekend. These findings are expected to confirm Bitcoin reserves and clarify the government’s exposure to other digital assets. The audit may also shed light on whether a broader crypto reserve beyond Bitcoin is being considered.
Data from Arkham Intelligence shows the US government currently controls 198,012 BTC, valued at around $16 billion. These assets were acquired primarily through civil and criminal forfeiture over the past decade. While these Bitcoin holdings have been well documented, information about holdings in other cryptocurrencies remains unclear. The audit aims to close this gap and introduce transparency into altcoin reserves.
The outcome of this audit could influence future regulatory measures and the federal approach to digital asset management. Market observers expect that clarity around altcoin holdings could also shape future investment strategies and national crypto policies. Additionally, the disclosure may help explain recent market movements in cryptocurrency valuations.
