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Trump's "Bitcoin Strategic Reserve" executive order will reach a critical Node on May 5.

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On April 30, this year, on March 7, Trump signed an executive order aimed at promoting the establishment of a strategic Bitcoin reserve. This executive order requires a comprehensive review of the digital assets held by the federal government, which includes approximately 200,000 Bitcoins (valued at about $17 billion at the time of signing). The order also requires the Secretary of the Treasury to evaluate "the legal and investment considerations for establishing and managing a strategic Bitcoin reserve and U.S. digital asset reserve within 60 days, including the accounts in which the strategic Bitcoin reserve and U.S. digital asset reserve should be held, and whether legislation is needed to implement any aspect of this order or to properly manage and administer these accounts." May 5 marks the 60-day deadline set by Trump's executive order to complete the above tasks.
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