TL;DR
The much-touted US Strategic Bitcoin Reserve is in disarray: a recent FOIA leak reveals huge delays, missing reports and roughly 170,000 BTC unaccounted for across federal agencies. What was pitched as a transparent, institutional play on Bitcoin now looks like a bureaucratic quagmire—with no sign the Treasury even has the data it needs.
Experts are split on whether this is the biggest crypto policy flop ever or a stealth opportunity to buy the dip. With the BITCOIN Act stalled and market sentiment wobbling, Bitcoin’s price could see some wild swings as investors digest just how far off track the plan has gone.
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