The US government's Bitcoin reserve plan faces implementation gaps. In March 2025, Trump signed Executive Order No. 14233, explicitly stating that Bitcoin confiscated through criminal or civil proceedings must be added to the "US Strategic Bitcoin Reserve." This move is widely seen as an important step in establishing an official digital asset reserve.

However, the situation seems to have changed. By early November, the US Department of Justice instructed the Marshals Service to take the opposite action—beginning to sell off confiscated Bitcoin. This shift has sparked market attention: what is the reason behind the policy flip-flop? Is it a change in priorities, or a misunderstanding at the implementation level? The gap between policy documents and actual operations precisely reflects the US's uncertainty about the strategic positioning of digital assets. The attitude of the Trump administration toward cryptocurrencies may directly determine the final direction of this reserve plan.