Alex Thorn: The United States is highly likely to establish a strategic Bitcoin reserve this year, and the market seriously underestimates the prospects.

Alex Thorn, Head of Research at Galaxy Digital, recently stated that the market has "completely underestimated" the likelihood of the U.S. government announcing the establishment of a strategic Bitcoin reserve (SBR) by the end of this year. Although some industry insiders are skeptical about this, recent legislative and policy trends seem to be paving the way for this historic initiative.

Strategic Bitcoin Reserve: From Executive Order to Legislative Advancement

March: U.S. President Trump signed an executive order, officially proposing the establishment of a strategic Bitcoin reserve and a reserve of U.S. digital assets, but specific plans have yet to be implemented.

This Tuesday: US lawmakers introduced a bill requiring the Treasury to review and release a feasibility and technical report on strategic Bitcoin reserves.

July 31: Trump's cryptocurrency liaison confirmed to the media that the government still intends to advance the plan, even though it was only briefly mentioned in the recent cryptocurrency policy report.

Alex Thorn stated on X (formerly Twitter): "I still believe that the U.S. government is likely to announce the establishment of a strategic Bitcoin reserve this year and formally hold BTC as a strategic asset."

Divergent Voices: This Year or 2026?

Not everyone thinks this will happen in the short term.

Dave Weisburger, the former chairman of CoinRoutes, believes that this is more likely to be implemented in 2026, and pointed out that the government may only announce it publicly after achieving initial accumulation goals.

This "buy first, talk later" strategy aims to avoid market speculation driving up prices, allowing the government to complete reserves at a lower cost.

International Competitive Pressure: Don't Let Other Countries Get Ahead

Some Bitcoin advocates are concerned that if the United States delays further, it may fall behind in the "national-level BTC reserve" competition:

On January 3, founder Samson Mow warned that the United States must start acquiring Bitcoin this year, or it may be outpaced by other countries, such as Pakistan.

Kyrgyzstan has proposed a bill to establish a national cryptocurrency reserve this week.

Indonesia also met with Bitcoin advocacy organizations in August to discuss how to promote economic growth through BTC reserves.

Why is this a strategic opportunity?

Financial Sovereignty: Bitcoin, as a decentralized asset, can reduce reliance on the US dollar and traditional financial systems.

Hedge against inflation: Under global monetary easing and debt pressure, BTC is regarded as "digital gold."

Geopolitical Leverage: National-level BTC reserves can provide additional strategic space in international negotiations and financial sanctions.

Conclusion

Although the official implementation time of the United States' strategic Bitcoin reserve remains controversial, recent policy actions and international competitive pressures have kept this issue heated. If Alex Thorn's prediction comes true, it will become a significant turning point in the history of cryptocurrency and may trigger a new wave of BTC acquisitions by global central banks and sovereign funds.