Before today's White House digital asset report, there were two important questions for BTC traders and investors, as I posted beforehand: 1. Government buying of BTC 2. Current amount held The status of both issues is addressed in the short video below (well done by interviewer @jacqmelinek with Bo Hines, who has been very impressive and is doing a great job). Takeaways: Government buying: This will become a focus in coming months, as I’ve been saying. Crucial to watch how this develops. See my previous posts for implications including price. I continue to see this as a potential career-maker type of trade for institutional guys if it plays out optimally. Current amount held: As the months pass without disclosure, I think it’s becoming clear that this is now viewed within the administration as a sensitive issue. Ask yourself why. One reason could be that the amount held is less than the public generally believes (possibly as a result of Biden sales), or less than the administration sees as sufficient if the BTC reserve is to be used for national strategic purposes. And that gets you back to the issue of government buying. Interesting rest of 2025/early 2026 to come.