US EditionWhite House Crypto Advisor Hints at 'Big Announcement' on Trump's Strategic Bitcoin Reserve in Coming Weeks
Patrick Witt said the administration has reached a breakthrough and will move from the executive branch side within weeks, with lawmakers also pushing legislation.
- Speaking Monday in Las Vegas, Patrick Witt of the Council announced a major Strategic Bitcoin Reserve update is coming within weeks, citing a breakthrough on next steps.
- President Trump created the Strategic Bitcoin Reserve in March 2025 via executive order, capitalizing it with roughly 200,000 BTC from asset forfeiture proceedings and prohibiting sales.
- Witt said the administration has spent the period since the reserve's creation working through legal interpretations to solidify and protect Bitcoin held on the government balance sheet.
- Rep. Nick Begich is reintroducing the American Reserves Modernization Act, which directs the government to accumulate up to 1 million Bitcoin over five years using budget-neutral strategies.
- Executive orders are reversible, driving a push in Congress to enshrine the reserve in statute through the Mined in America Act introduced by Senators Lummis and Cassidy.
15 Articles
15 Articles
White House Crypto Advisor Hints at 'Big Announcement' on Trump's Strategic Bitcoin Reserve in Coming Weeks
The Trump administration’s strategic bitcoin reserve is approaching a new milestone, according to Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets. Speaking on a panel Monday at the Bitcoin 2026 conference in Las Vegas, Witt previewed a significant coming announcement on next steps for the reserve. “In the next few weeks, we’ll be making a big announcement,” Witt said. “I think we have a bit of a breakth…
White House Signals Major Bitcoin Reserve Announcement at Las Vegas Event
Bitcoin Las Vegas 2026 Panels and keynote discussions throughout the day focused on regulation, institutional investment, and the evolving role of Bitcoin in global finance. Credit: Greek Reporter The opening day of the Bitcoin 2026 conference in Las Vegas brought together thousands of industry leaders, investors, policymakers, and developers at a pivotal moment for the cryptocurrency sector. Bitcoin Las Vegas 2026, major platform for policy sig…
White House Crypto Adviser Hints at ‘Breakthrough’ Bitcoin Reserve Move
The post White House Crypto Adviser Hints at ‘Breakthrough’ Bitcoin Reserve Move appeared on BitcoinEthereumNews.com. In brief The Trump administration has been “figuring out” how to push forward the strategic Bitcoin reserve, Patrick Witt said Monday. The U.S. Treasury had ruled out any new Bitcoin purchases since August last year, and has not reversed its position since. Senator Cynthia Lummis’ BITCOIN Act will reportedly be reworked under a n…
The White House raised the expectation around Bitcoin’s strategic reserve in the United States after Patrick Witt advanced a major update in the coming weeks. The announcement could define whether BTC’s federal holdings go from an administrative policy to a stronger national legal-based asset. *** Patrick Witt said in Bitcoin 2026 that the Trump administration is preparing an important revelation about Bitcoin’s Strategic Reserve. The United Sta…
Bitcoin returns to the centre of the American political game. The White House is preparing an announcement on the strategic reserve desired by Donald Trump, while Congress is seeking to transform this bill into a sustainable law. The U.S. Bitcoin Strategic Reserve is about to take a new step has appeared first on Cointribune.
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