The US Department of the Treasury and other federal agencies are expected to disclose their holdings of Bitcoin (BTC) and other cryptocurrencies on April 5.
The reveal is a result of President Donald Trump's executive order, which called for the formation of a Strategic Bitcoin Reserve and a broader Digital Asset Stockpile.
This audit could provide clarity on Bitcoin's recent price movements and answer questions about the amount of BTC held by the US government.
Speculation suggests that the US may hold fewer BTC than expected, and the announcement could have a bullish impact on the market.