White House Advisor Teases Major Announcement Again
9 Articles
9 Articles
White House confirms US holds 328,372 BTC in new reserve
🚨 The US government officially holds 328,372 BTC in a new strategic reserve. This stash represents 1.6% of all $BTC and cannot be sold by the Treasury. Continue Reading:White House confirms US holds 328,372 BTC in new reserve The post White House confirms US holds 328,372 BTC in new reserve...
U.S. Nears Strategic Bitcoin Reserve Rollout, Says Official
TLDR The White House confirmed that it will soon announce details about the Strategic Bitcoin Reserve. Patrick Witt said the administration completed key legal steps to secure the reserve. President Donald Trump signed the executive order creating the reserve on March 6, 2025. The reserve currently holds about 328,372 BTC from law enforcement seizures and forfeitures. The executive order prohibits the Treasury Department from selling any bitcoi…
Patrick Witt Teases ‘Breakthrough’ On US Strategic Bitcoin Reserve
White House digital-assets official Patrick Witt said the administration is preparing an announcement on the US Strategic Bitcoin Reserve, describing recent work as a “breakthrough” in making the reserve legally sound and operationally secure. His comments suggest the next step is likely to focus on implementation, custody and agency coordination rather than a confirmed open-market […]
Patrick Witt Teases ‘Breakthrough’ On US Bitcoin Reserve
White House digital-assets official Patrick Witt said the administration is preparing an announcement on the US Strategic Bitcoin Reserve, describing recent work as a “breakthrough” in making the reserve legally sound and operationally secure. His comments suggest the next step is likely to focus on implementation, custody and agency coordination rather than a confirmed open-market Bitcoin purchase program. Speaking with Scott Melker in an inter…
Bitcoin Reserve Announcement Is Imminent
The White House is on the verge of a formal announcement on the U.S. Strategic Bitcoin Reserve — and the official leading the charge says the hard part is done. Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, told an interviewer this week that the administration has cleared a major legal hurdle in standing up the reserve. “We’ll have an announcement,” Witt said. “I wish I could say more… It’s a breakt…
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