PANews reported on April 1 that according to Cryptobriefing, the U.S. Treasury and other federal agencies are expected to disclose their holdings of Bitcoin and other crypto assets on April 5 to comply with President Trump's recent directive. Whether the digital assets previously mentioned by Trump, such as XRP, SOL and ADA, will be included in the national digital asset reserves will also be clarified soon. David Bailey, CEO of BTC Inc, said that the audit results may reveal the reasons for Bitcoin's recent price movements.

On March 6, Trump issued an executive order requiring the formation of a strategic Bitcoin reserve and digital asset reserve. According to a presidential document released on March 11, all federal agencies must report their holdings of Bitcoin and other digital assets to the Secretary of the Treasury within 30 days of the issuance of the order. The Secretary of the Treasury was also instructed to establish two offices to manage digital assets held by the government. The Strategic Bitcoin Reserve will store Bitcoin obtained through criminal or civil forfeiture and will not sell Bitcoin.

According to data tracked by Arkham Intelligence, the U.S. government currently holds about 198,012 bitcoins, worth about $16 billion. David Sacks, the White House's head of cryptocurrency affairs, said that the U.S. government has held about 400,000 bitcoins through civil and criminal asset forfeiture over the past decade. However, about half of them, or 195,000 bitcoins, have been sold for $366 million. If the government had kept all 400,000 bitcoins at the time, their value would be more than $17 billion today.