Ultimate countdown! The U.S. Strategic Bitcoin Reserve report will be revealed on July 30, focusing on the whereabouts of 200,000 seized BTC. The million-coin procurement bill is progressing simultaneously.

White House cryptocurrency advisor Bo Hines confirmed that the policy report completed by the Presidential Digital Asset Working Group after 180 days will be officially released on July 30. The core of the report will disclose the estimated stock of confiscated Bitcoin (approximately 200,000 coins) and plan the construction path for a strategic reserve. At the congressional level, the "BITCOIN Act" is being pushed forward, which aims to authorize the Treasury to purchase 1 million BTC over five years. A threefold regulatory framework is taking shape: the "GENIUS Act" regulates stablecoins, the Senate market structure bill clarifies SEC/CFTC jurisdiction, and the U.S. national strategy for cryptocurrency assets is entering the countdown for implementation.

Core Policy Node

• Report Release: July 30 (originally scheduled for July 22, postponed by one week)
• Legal basis: Trump's executive order from January 2025
• Core Task: Plan the "Strategic Bitcoin Reserve" ( Strategic Bitcoin Reserve ) implementation framework

Core Highlights of Strategic Reserves

1. Source of Reserves:
   • Prioritize the use of law enforcement seized Bitcoin (approximately 200,000 coins, currently valued at around 21.8 billion USD)
   • Legal limitation: only for legally seized assets
2. Scaling mechanism:
   • Budget-neutral plan: Allocate other government funds for purchase
   • Long-term holding: The draft suggests a 20-year lock-up period (similar to gold reserves)
3. Operational Norms:
   • Secure storage solutions (cold wallet/multi-signature)
   • Audit transparency requirements
   • Price Volatility Risk Management

Congressional Legislation Fires Three Arrows

1. The GENIUS Act: Signed into effect by Trump
   • Allow banks/credit unions/trusted non-bank institutions to issue stablecoins
   • Establish the reserve standard for stablecoin issuance
2. Encryption Market Structure Bill: The Senate Banking Committee has just submitted
   • Clarify the regulatory boundaries between the SEC and CFTC
   • Consumer protection mechanism (wallet security/information disclosure)
3. "BITCOIN Bill" ( Lummis Version ):
   • The Treasury is required to purchase 1 million BTC over 5 years (currently valued at approximately 109 billion USD)
   • Annual procurement volume of 200,000 coins (1.5 times the current annual production)

In-depth Analysis of Market Impact

• Supply Shock: If a 20-year lock-up is implemented, 200,000 confiscated BTC will exit circulation (accounting for 1% of the circulating supply).
• Demand Surge: Procurement plan for one million BTC = daily average accumulation of 548 coins (twice the current daily inflow of spot ETFs)
• Clear Regulation: Three major bills clarify the issuance of stablecoins, compliance of trading platforms, and standards for asset classification.
• Risk Warning: Concerns over the safety of including volatile assets in the government's balance sheet.

Institutional Trends and Market Expectations

• Derivatives Market: BTC futures open interest increased by 12% weekly (betting on policy fluctuations)
• Spot ETF: Last week, institutional net inflows were $840 million (buying ahead of policy implementation)
• Mining companies' response: North American miners such as Marathon are accelerating hedging (to prevent selling risks)

Conclusion: The policy report on July 30 will unveil the ultimate blueprint for the U.S. national Bitcoin strategy, with the disposal plan for 200,000 confiscated BTC (destruction/reserve/auction) becoming the biggest variable for short-term prices. If the report adopts the 20-year locking suggestion and echoes the aggressive procurement goals of the "BITCOIN Act," it will trigger threefold benefits: 1) Tightening of spot supply; 2) Institutional FOMO buying; 3) Sovereign-level credit endorsement. However, two major risks must be heeded: 1) The report suggests phased sales of confiscated assets; 2) The procurement of one million coins faces obstruction from fiscal hawks. A historic moment approaches, and investors are advised to reduce leverage and focus on the full report disclosure at 20:00 Beijing time on July 30.