The USA Bitcoin Reserve: A Timeline of Events

The concept of a U.S. strategic Bitcoin reserve has gained traction, especially following Donald Trump’s return to office in 2025. The proposal suggests the U.S. government could accumulate Bitcoin similarly to its reserves of oil, gold, or other strategic assets.

📅 Key Events & Timeline

Date	Event
March 6, 2025	Federal Reserve Chairman Jerome Powell held an emergency meeting to discuss Bitcoin’s role in U.S. monetary policy following the surge in government interest. [link]
March 5, 2025	Several U.S. states, including Texas and Florida, announced independent state-backed Bitcoin reserves, citing the need for decentralized financial security. [link]
March 4, 2025	Senator Cynthia Lummis proposed an amendment to the BITCOIN Act, accelerating the acquisition of Bitcoin for federal reserves. The proposal calls for an annual purchase of 250,000 BTC. [link]
March 2, 2025	President Trump officially announced the creation of a U.S. Crypto Strategic Reserve, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA). The initiative is aimed at securing America’s financial future through digital assets. [link]
February 27, 2025	The Texas Senate advanced SB-21, a bill proposing the establishment of a Texas Strategic Bitcoin Reserve, aiming to position the state as a leader in digital asset adoption. [link]
February 10, 2025	Companies like MicroStrategy (now rebranded as Strategy) increased their Bitcoin holdings, reinforcing Bitcoin’s role in corporate treasury management. [link]
February 2, 2025	A report indicated that 16 U.S. states, including Florida, Arizona, North Carolina, and South Dakota, were considering their own state-level Bitcoin reserves. [link]
January 23, 2025	President Trump signed an executive order to assess the feasibility of a strategic Bitcoin reserve, but it was part of a broader digital asset policy rather than a direct commitment. [link]
January 6, 2025	Wall Street analysts estimated a 60% likelihood of Trump creating a Bitcoin reserve, contributing to Bitcoin’s surge past $100,000. [link]
November 11, 2024	The BITCOIN Act was referred to the Senate Banking Committee, proposing the transfer of existing federal Bitcoin holdings to the U.S. Treasury. [link]
April 2023	The U.S. Government transferred over 9,800 BTC from seized Silk Road wallets to Coinbase, sparking speculation on liquidation. [link]
November 2022	The Department of Justice announced a seizure of 50,000 BTC tied to Silk Road. [link]
November 2021	U.S. Government seized over $3.6 billion in BTC related to the Bitfinex hack, marking one of the largest Bitcoin confiscations. [link]
November 2020	U.S. Department of Justice seized 69,370 BTC from a hacker who exploited Silk Road, worth over $1 billion at the time. [link]
June 2014	The U.S. Marshals auctioned 29,656 BTC from the Silk Road seizure, with billionaire Tim Draper winning the bid. [link]
October 2013	The FBI shut down Silk Road and seized 144,000 BTC, which would later be sold in auctions. [link]

📊 The Future of a U.S. Bitcoin Reserve

This timeline highlights the evolution from **legislative proposals** to **state-level initiatives** and **corporate accumulation**. The U.S. government has been involved in Bitcoin seizures for over a decade, and recent trends indicate a shift towards **active accumulation**.

With individual states like **Texas and Florida** exploring Bitcoin reserves and the **federal government** considering strategic adoption, Bitcoin’s role in national economic policy is growing.

Will the U.S. **fully commit** to a strategic Bitcoin reserve? The coming months will provide answers.