Galaxy Digital's head of research, Alex Thorn, predicts a strong possibility that the United States will announce the formation of a Strategic Bitcoin Reserve (SBR) by the end of this year. Thorn expressed this view in a recent post, suggesting that the market is underestimating the likelihood of such a development. Despite the executive order signed by President Trump in March to establish the SBR, a formal strategic plan has yet to be confirmed.
Recent legislative actions indicate progress, with US lawmakers introducing a bill for the Treasury to assess the feasibility of the SBR. However, opinions vary, with some industry figures like Dave Weisburger, former chairman of CoinRoutes, suggesting a 2026 timeline is more realistic. Concerns persist among Bitcoin advocates that delays could allow other nations to gain a competitive edge in Bitcoin accumulation.
US May Establish Strategic Bitcoin Reserve by Year-End, Says Alex Thorn
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