US federal agencies are expected to disclose their cryptocurrency holdings to the Department of the Treasury by April 7, following an executive order signed by President Donald Trump. While agencies must report their holdings to Treasury Secretary Scott Bessent, these disclosures will remain confidential for now. An unnamed White House official indicated uncertainty regarding when or if the findings will be made public. This requirement coincides with the establishment of a Strategic Bitcoin Reserve containing BTC seized by federal agencies through asset forfeiture. David Sacks, the White House AI and crypto czar, indicated that the reserve will serve as a store of value, and highlighted the government's previous losses from selling BTC. The reserve is intended to include BTC from the Treasury and potentially from other agencies assessing their legal authority for contributions. Sacks also mentioned a broader digital asset stockpile aimed at responsible management of government-held crypto assets, which could involve sales in the future.

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