There is a high probability that the United States government will develop a highly expected Strategic Bitcoin Reserve at the end of this year, said the head of Galaxy Digital, Alex Thorn’s Firmwide Research.
However, other industry executives are less confident.
“I still think there is a strong chance that the US government will announce this year that it has formed the strategic bitcoin reserve (SBR) and formally hold BTC as a strategic possession,” Thorn Says On an x post on Thursday.
“The market seems to be completely underpricing the possibility of such an announcement,” Thorn added.
There are many developments indicating that the plan is moving forward
While US president Trump Signed Executive Order The Strategic Bitcoin has officially established (Btc) Reserve and US Digital Asset Stockpile in March, a formal strategic plan has not been confirmed.
However, some recent development suggests that the plan is still emerging. On Tuesday, US lawmakers introduced a bill directing The US treasury to review and make a report on the feasibility and technical consideration of the Strategic Bitcoin Reserve.
Meanwhile, on July 31, Cointelegraph reported That’s Trump Crypto Liaison has confirmed that the administration is still enthusiastic about a strategic bitcoin reserve, despite its brief mention of only recently published Crypto policy reports.
Not all participants in the crypto market agree that this will happen soon, however. Former Chairman of Coinroutes, Dave Weisburger, Says This is more likely to occur in 2026.
Some bitcoiners are afraid that US stalling can push them behind
Weisburger added that “he made the point many times that this administration is too smart to express anything until they have accumulated their initial target.”
Some well -known Bitcoin advocates are concerned that the US can fall if they delay the accumulation of Bitcoin.
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Jan3 founder Samson Mow told the magazine in June that The US “needs to start” getting bitcoin this year, or risk other countries that beat it. “The danger is that the US is in front of Pakistan,” he said.
On Wednesday, Kyrgyzstan, a key emerging player In the Central Asian crypto market, a bill has promoted a bill to promote a state cryptocurrency reserve.
Meanwhile, on August 6, Indonesian Bitcoin Group advocates, Bitcoin IndonesiaIt was recently said that they had met with Indonesian officials to discuss how the economic growth strategy in the country could drive.
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