‘Strong Chance’ US Will Form Strategic Bitcoin Reserve This Year: Alex Thorn 

 
There is a high likelihood that the United States government will form the highly anticipated Strategic Bitcoin Reserve by the end of this year, says Galaxy Digital’s head of firmwide research, Alex Thorn.
However, other industry executives are less confident.
 
Several developments hint that the plan is moving forward
While US President Trump signed the executive order officially establishing the Strategic Bitcoin Reserve and US Digital Asset Stockpile in March, a formalized strategic plan has not been confirmed yet.

Source: Alex Thorn
However, several recent developments suggest that the plan is still progressing.
On Tuesday, US lawmakers introduced a bill directing the US Treasury to examine and produce a report on the feasibility and technical considerations of the Strategic Bitcoin Reserve.
Meanwhile, on July 31, Cointelegraph reported that Trump’s crypto liaison confirmed that the administration is still keen on a strategic Bitcoin reserve, despite only briefly mentioning it in its recently published crypto policy report.

Source: zerohedge.com