According to relevant documents, U.S. Congressman David P. Joyce submitted an appropriations bill requiring the Treasury Department to submit a feasibility and technical considerations report on the strategic Bitcoin reserve and digital asset reserve within 90 days of the bill's implementation. The report covers custody methods, legal authorization, cybersecurity measures, interdepartmental transfers, the presentation of assets on the Treasury's balance sheet, and third-party custodians. The report must also assess implementation barriers and the impact on the Treasury's confiscation fund. In March of this year, President Trump signed an executive order to establish a strategic Bitcoin reserve and a digital asset reserve. Treasury Secretary Scott Bessent stated that he is exploring "budget-neutral" ways to expand Bitcoin reserves. Currently, the world's countries hold more than 517,000 Bitcoin reserves, accounting for 2.46% of the total supply. (cointelegraph)