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Whoa! The White House crypto executives just openly hinted at during the conference: Regarding the U.S. "Strategic Bitcoin Reserve," there will be a "major official announcement" within weeks! The things Biden couldn't get done, this time they are going all out.
Chief Executive of the White House Digital Asset Advisory Committee
Patrick Witt revealed at the Bitcoin 2026 Conference in Las Vegas that the White House will release a major announcement about the "U.S. Strategic Bitcoin Reserve" in the coming weeks.
This administrative branch's move directly accelerates the process of sovereign capital controlling and intervening in crypto assets.
The operation of this reserve mechanism began on March 6, 2025, with an executive order signed by Donald Trump, initially funded by Bitcoin confiscated from criminal and civil cases by the U.S. Treasury.
Currently, Republican members of Congress are trying to make this executive order permanent. Representative Nick Begich announced that the original "BITCOIN Act" will be renamed the "U.S. Reserve Modernization Act(ARMA)" and plans to purchase 1 million bitcoins for the U.S. Treasury within five years through a budget-neutral strategy.
Patrick Witt explicitly stated at the conference: "We have figured out the mechanisms and legal interpretations needed to establish the reserve... We believe that in the coming weeks, the executive branch will take a major step."$BTC