The White House plans to announce the next steps for the US Strategic Bitcoin Reserve within the next few weeks.
This is what Mr. Patrick Witt, the director of the President’s Council of Advisors for Digital Assets.
Speaking Monday at the Bitcoin 2026 conference in Las Vegas, Witt he said The government has been working on the necessary laws and regulations to implement President Donald Trump’s order and protect government-owned Bitcoin (BTC).
“The president signed the bitcoin technology plan last year, and we have gone to work to find the necessary strategies and legal interpretations that we need to get right and strengthen this and protect digital assets, especially bitcoins that we have on government websites.”
Trump signed an executive order in March 2025 creating the Strategic Bitcoin Reserve and a separate digital asset. The depository was created to store Bitcoin that is already owned by the federal government, especially assets seized in extortion cases, rather than for commercial purposes.
Treasury Secretary Scott Bessent recently he says The US government holds between $15 billion and $20 billion worth of Bitcoin and wants to continue to increase the seizure of BTC for reserves, while not directly buying the market.
Mr. Besent also says that the government wants to continue to keep its gold as it is.
“We have a great deal of gold. I doubt we will honor him, but we will keep it as a valuable treasure for the American people.”
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