Recently, the crypto world has been buzzing. Former President Trump officially confirmed a major development: the United States is establishing a strategic Bitcoin reserve with a target of 1 million coins. It sounds like good news, but if you only focus on the K-line chart, you might really miss the bigger picture.

This is not just a simple "institutional entry" or "ETF approval" level. It’s a sovereign nation directly rewriting the rules of the crypto market. Transitioning from the traditional financial dollar system to a digital financial track—essentially a shift in the center of power.

**Reality is more hardcore than rumors**

On March 6, 2025, Trump signed an executive order officially launching this plan. Even more astonishing: not a single taxpayer dollar needs to be spent. The U.S. government has already been holding Bitcoin in its hands.

On-chain data from Arkham Intelligence shows that the U.S. already owns 198,000 BTC. Where did these coins come from? 94,000 from the Bitfinex case recovery, plus over 130,000 from the Silk Road seizures. In other words, these coins were originally assets held by the U.S. judicial system. Now, they are being officially incorporated into the "strategic reserve," transforming confiscated assets into national assets.

At current market prices, these 198,000 coins are worth over $2.3 billion. The plan’s goal is 1 million coins—that means the U.S. plans to accumulate over 800,000 more on top of the existing holdings.

**Why the number 1 million?**

It’s not a random decision. Bitcoin’s total supply is 21 million coins, and 1 million accounts for nearly 5%. For a sovereign nation, this proportion is enough to exert market influence without triggering excessive risk. To some extent, this is redefining the concept of "strategic reserve" using Bitcoin—similar to how central banks accumulate gold reserves.

**On-chain data speaks volumes**

If you’re still debating whether this is real, just look at the on-chain transfers. Multiple wallet addresses of the U.S. government have been publicly tracked. Every large transfer, every address change, leaves traces on the blockchain. This isn’t gossip; it’s a fact written into the ledger.

The power of this move lies in breaking the previous "civilian-led" pattern of the crypto market. Institutional entry is driven by profit, but national-level accumulation represents strategic intent—and these are fundamentally different.

**What will the market do next?**

In the short term, such news will always cause volatility. But the real test is: when other countries react, will they follow suit? And can the crypto market’s infrastructure and regulatory framework support this level of power intervention? These are the key factors that will determine the landscape over the next 3-5 years.

Anyway, sticking solely to the daily K-line of Bitcoin is already outdated.