A “Strong Possibility” for Strategic Bitcoin Reserve

In a recent statement, Thorn suggested that the US government could officially confirm the formation of a Strategic Bitcoin Reserve in 2025, recognizing Bitcoin as a strategic national asset.

He emphasized that markets may be underestimating the likelihood of such an announcement, pricing in far less probability than what he believes is realistic.

Signs the Plan is Moving Forward on Bitcoin

In March, President Donald Trump signed an executive order that set the framework for the creation of a Strategic Bitcoin Reserve and a broader Digital Asset Stockpile. While a detailed strategic plan hasn’t been released to the public yet, several developments suggest momentum is building.

Just days ago, US lawmakers introduced a bill requiring the Treasury Department to assess the feasibility and technical considerations of implementing the reserve. Additionally, by late July, the White House’s crypto liaison confirmed that the initiative remains on the administration’s agenda, despite limited references in its recent digital asset policy updates.

Skepticism Remains

Not all experts are convinced that progress will happen so quickly. Dave Weisberger, former chairman of CoinRoutes, argued that the timeline is more likely to stretch into 2026, pointing out that the government might prefer to quietly accumulate Bitcoin to a target threshold before making any public announcements.

The Risk of Falling Behind

Among Bitcoin advocates, there is growing concern that any delay could put the US at a disadvantage compared to other nations. Samson Mow, founder of Jan3, stressed earlier this year that the US “must start” acquiring Bitcoin in 2025 to avoid being front-run by other countries:

“The risk is that nations like Pakistan could act first if the US hesitates.”

This concern isn’t unfounded. Kyrgyzstan has already advanced legislation to establish a state-backed crypto reserve, while in Indonesia, Bitcoin advocacy groups have been in talks with government officials about how such a strategy could stimulate economic growth.

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The post Could the US Establish a Strategic Bitcoin Reserve Before the End of 2025? appeared first on Coin Engineer.

On June 20, Abbott signed 306 bills from the 89th Regular Legislative Session, including 15 that were considered high priority, such as those mandating efficiency audits for state agencies. Yet, the bill focused on Bitcoin was notably missing from the list.

Legal Framework for a Permanent Bitcoin Reserve in Texas

If passed, SB 21 would make Texas one of the first U.S. states to officially hold Bitcoin as a reserve asset. The legislation authorizes the state comptroller to use surplus funds from the General Revenue to purchase Bitcoin, under transparency and oversight protocols similar to those already applied to the Texas Gold Depository.

One standout feature of the bill is that it restricts eligible reserve assets to those with a market cap exceeding $600 billion for at least two consecutive years — a threshold currently met only by Bitcoin.

According to a statement from Abbott’s office, over 1,200 bills were submitted for his review this session, and SB 21 is still under consideration.

No Signature, No Problem?

Julian Fahrer, founder of Bitcoin Laws, criticized the governor’s silence, noting that Abbott has previously held press conferences for major bills. Fahrer called this a missed opportunity for a symbolic gesture in favor of crypto.

However, Fahrer also pointed out that under the Texas Constitution, any bill not vetoed or signed within 20 days of the legislature’s adjournment becomes law automatically. That means SB 21 could go into effect without Abbott’s signature as early as June 22.

Fahrer also drew attention to House Bill 4488, which Abbott did sign. The bill allows certain state-managed funds to be designated as permanent — potentially laying the legal groundwork for the proposed Bitcoin reserve. These funds could be held either inside or outside the state treasury, depending on future legislation.

Governor’s Silence Raises Questions

Governor Abbott’s lack of public action is particularly striking given his past support for the crypto industry. Just weeks ago, he shared news about SB 21 on his official X account, voicing enthusiasm for blockchain innovation in Texas. He has also backed legislation promoting crypto mining as a tool for economic development and energy grid resilience.

While the bill’s future still technically hangs in the balance, it could soon become law — with or without a signature — signaling a major step for Texas in aligning state policy with digital asset adoption.

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