According to @WhiteHouse, the Trump administration's plan to create a U.S. Strategic Bitcoin Reserve and Digital Asset Stockpile is facing delays, as a Treasury Department report on its implementation has passed its deadline without public release. Crypto adviser Bo Hines confirmed that while federal agencies have reported their crypto holdings, the process of establishing the reserve's infrastructure is just beginning. Concurrently, Senator Cynthia Lummis and Representative Nick Begich are promoting the BITCOIN Act to legally authorize the reserve, aiming to acquire 1 million BTC over five years, funded through novel mechanisms without new taxpayer money. However, this legislation is secondary to more urgent market structure and stablecoin bills, suggesting further delays. The prospect of large-scale government accumulation, adding to the estimated 200,000 BTC already held from seizures, presents a significant potential long-term bullish catalyst for the market.