US Treasury holds 328,372 Bitcoin as CLARITY Act nears Senate vote

• US Treasury Secretary confirms federal Bitcoin reserve following Trump’s executive order.
• Senate may vote on key crypto regulation bill, the CLARITY Act, this summer.

On June 4, 2026 (UTC), Cointelegraph reported that US Treasury Secretary Scott Bessent told Senate lawmakers the department is quickly implementing President Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile. Bessent confirmed the Treasury holds 328,372 bitcoins—valued at about $215 billion in early June—largely obtained through government seizures. He noted the agency does not plan further acquisitions and is moving “with all deliberate speed” to formalize the reserve.

Lawmakers are working to formalize Trump’s directive in Congress. According to The Block on June 3, 2026, Senate committee members are advancing versions of the legislation, aiming to consolidate them for a chamber vote. Bessent urged Congress to act swiftly on the Digital Asset Market Clarity (CLARITY) Act, which passed the House in 2025 and would bring best practices for crypto regulation onshore. Senators anticipate the CLARITY Act could be voted on and potentially pass in July or August.

As of June 4, 2026, Bitcoin (BTC) trades at $63,763.12, with 24-hour trading volume down 4.74%, based on market data.