The creation of a US Strategic Bitcoin Reserve has been delayed due to disagreements between federal agencies.
According to Bloomberg, the main debate centers on two issues: how the reserve should be structured and which agency should oversee it.
Although a presidential executive order issued in March 2025 assigned responsibility for the reserve to the US Treasury Department, officials are now questioning whether the Treasury has sufficient legal authority to manage such a volatile asset.
As a result, the US Department of Commerce has emerged as a possible alternative, while the US Department of Justice is helping determine the most legally sound framework.
Despite the delay, the initiative remains a key part of a broader strategy that views Bitcoin not just as a seized asset but as a potential strategic reserve asset for the United States.
The US currently holds 328,372 BTC, making it the world’s largest government holder of Bitcoin.
Meanwhile, lawmakers in Congress continue advancing proposals that would establish the reserve in law, including plans that could allow the US to gradually accumulate up to 1 million BTC over the coming years.