Seven months after Trump signed the executive order, the specific implementation details of the U.S. Strategic Bitcoin Reserve (SBR) program have yet to be determined. Crypto Assets supporters, Senator Lummis, recently stated that while fundraising could theoretically begin at any time, the legislative process in Congress has slowed down the entire process. She and her team are continuing to push for the passage of the relevant bills.

Regarding the source of funds, official documents provide some clues. The initial capital mainly comes from Bitcoin confiscated by the Treasury Department through legal procedures, utilizing existing government assets. Subsequent increases will be done in a budget-neutral manner to avoid adding to the taxpayer burden. One widely discussed proposal is to use the unrealized gains from the Treasury's gold reserves to purchase Bitcoin. Jeff Park from ProCap BTC pointed out that considering the U.S. national debt has reached $37.88 trillion, using the book gains from gold to invest in Bitcoin carries relatively low risk and may also alleviate fiscal pressure.

Industry expert Anthony Pompliano is optimistic about the U.S. government's eventual public purchase of Bitcoin. In a CNBC interview, he stated that the market is focused on three key developments, one of which is the possibility of the U.S. government announcing the acquisition of Bitcoin. He believes that at some point in the future, the government will inevitably disclose its purchasing activity, formally initiating a strategic reserve. This would not only incorporate confiscated Bitcoin into the national reserve but also send a strong signal to the world: Bitcoin has been officially recognized as a national strategic asset.

The impact of this initiative could be very far-reaching. Once SBR is officially operational, Bitcoin will shift from being an alternative investment to a national strategic asset alongside gold and foreign exchange. This transformation will greatly enhance Bitcoin's status and recognition globally, potentially prompting other countries to follow suit, further advancing the mainstreaming of Crypto Assets. However, the implementation of this plan still faces legislative and policy-making challenges, which will require time to overcome.