The US is really planning to publicly stockpile BTC! Today, two major pieces of news hit simultaneously.

On one side, the White House announced that in a few weeks they will release a "major announcement" to clear legal obstacles for government coin holdings. On the other side, even more explosive, Congress has introduced a new bill planning to buy 1 million Bitcoins within five years, with at least a 20-year lock-up.
The funds for buying the coins are reportedly not from taxes but from other budget surpluses.
Including the coins already held and those prepared to be frozen, their target reserve is approaching the million-level. If they really do this, it’s equivalent to removing more than the newly mined Bitcoins from the market daily, which would have a bigger impact on supply and demand than an ETF.
However, the market seems quite calm, and the odds of related predictions haven't changed much. After all, the bill still needs to go through review, and there are uncertainties.
In the short term, the market may pay more attention to the Federal Reserve meeting and options expirations.
It’s worth noting that the US military’s Indo-Pacific Command was recently exposed to have run a full node on the Bitcoin network. This suggests that from the White House and Congress to the Pentagon, the layout might be deeper than we see.
Strategic reserves may no longer just be empty talk.