5 Facts about the US Bitcoin Reserve of IDR 406 Trillion

Jakarta, Pintu News – The United States government is known to have a large reserve of Bitcoin (BTC), most of which comes from criminal case seizures. But until now, the government has not made additional purchases despite having previously signed a policy to establish a Strategic Bitcoin Reserve. This situation has sparked debate among crypto market participants regarding the direction of cryptocurrency policy in the country.

Some analysts believe that political support for Bitcoin has not fully translated into concrete actions in fiscal and investment policies. This raises questions about the future of cryptocurrency adoption by the world’s major governments.

1. US Government Holds 378,372 Bitcoins

According to data cited from Arkham Research, the United States government currently owns around 378,372 Bitcoin (BTC). The value of these holdings is estimated at more than $24 billion.

If converted using an exchange rate of IDR 16,919 per dollar, the value is equivalent to around IDR 406,056,000,000,000,000 or around IDR 406 trillion. This amount makes the US government one of the largest holders of Bitcoin in the world.

The majority of these Bitcoins come from the seizure of criminal assets in various law enforcement operations. This means that the crypto assets are not the result of direct purchases by the government.

2. Strategic Bitcoin Reserve is not yet buying new BTC

More than one year after the creation of the Strategic Bitcoin Reserve through executive order, no additional Bitcoin purchases have been announced. The government only holds pre-owned cryptocurrency assets.

This gives the impression that the policy is still symbolic. Without new purchases, the government’s Bitcoin reserves are not growing despite the constantly changing crypto market.

To some market observers, this move shows the gap between political support for cryptocurrencies and real policy implementation.

3. Trump’s Former Crypto Advisor Gives Criticism

David Bailey, a former crypto advisor to the Donald Trump administration, criticized the situation. He stated that simply liking Bitcoin is not enough to drive real policy change.

According to Bailey, political support for cryptocurrencies needs to be followed by concrete measures such as investment policies and clear regulations. Without such actions, political support will not have a major impact on the development of the crypto market.

The comments were made at the Bitcoin Investor Week conference in New York. The statement highlighted the difference between political rhetoric and economic policy implementation.

4. Political and Budgetary Constraints Are Obstacles

One of the main challenges in increasing the government’s Bitcoin reserves is budget constraints. The White House AI and crypto coordinator previously mentioned that BTC purchases should be done with a “budget-neutral” approach .

This approach means the government should not increase taxes or increase the country’s debt to buy cryptocurrencies. This makes the policy-making process more complex.

In addition, resistance from some legislators and a conservative political system to financial innovation are also hindering factors. This makes crypto policy at the country level often slower than the development of the industry.

5. Bitcoin is predicted to thrive without the government

Despite criticizing the government’s slow pace, Bailey asserts that the future of Bitcoin is not entirely dependent on state policies. According to him, cryptocurrency adoption will continue to grow as the number of BTC owners increases.

The more people who own Bitcoin, the more influence they have on political policy. In the long run, this may encourage governments to be more supportive of crypto-friendly regulations.

He thinks the change may take years. But in the long-term perspective, Bitcoin adoption is seen as an almost inevitable process.

Also Read: 700% Crypto Withdrawal Surge in Iran: Bitcoin becomes a financial escape route during crisis

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash beforeinvesting. All activities of buying and selling Bitcoin (BTC) and other crypto asset investments are the responsibility of the reader.

Reference

• Christian Encila/NewsBTC. US Should Act On Bitcoin, Not Just Praise It, Ex-Advisor To Trump Says. Accessed March 6, 2026.