Regarding the topic of BTC strategic reserve, I would like to add the following: There are three methods and approaches to implementing BTC strategic reserve 1. Administrative orders are directly implemented, but the scale is limited 2. Congress passes bill to formally establish strategic reserve 3. Utilize existing assets to establish reserves without the need for new legislation The current result is 1+3, which means that these two points belong to the scope of administrative power. However, to institutionalize the BTC strategic reserve and mobilize resources from the Ministry of Finance, congressional approval is required, which leads to 2, similar to the "Bitcoin Strategic Reserve Act" proposed by Senator Cynthia Lummis. So the executive power of the president is almost unable to achieve large-scale purchases of BTC as strategic reserves, and even if there are, the scale will be very limited. From this logic, it seems that 'falling short of market expectations' is a mistake, and we can continue to monitor the progress of relevant bills in Congress. I also asked this question about how AI believes it is most likely to develop BTC strategic reserves: