As per Bijié Wǎng, the U.S. Strategic Bitcoin Reserve proposal, once touted as a plan to boost Bitcoin's price, has been revealed as a policy retreat. Despite an executive order signed for 2025, the government merely repackaged 200,000 already-seized Bitcoins without making new purchases, disappointing market expectations. The market now estimates the reserve's actual establishment by late 2026 at only 28%, and its main supporter, Senator Cynthia Lummis, has announced she will not seek re-election.
U.S. Strategic Bitcoin Reserve Proposal Seen as Major Policy Retreat by 2025
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Summary
Bitcoin news from Bijié Wǎng reveals the U.S. Strategic Bitcoin Reserve plan for 2025 is now seen as a policy retreat. The government repurposed 200,000 seized Bitcoins without new purchases, falling short of market hopes. Bitcoin analysis shows the reserve may only reach 28% by late 2026, with key backer Senator Cynthia Lummis stepping down from re-election.
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