Major Boost from the White House? US Government's Bitcoin Strategic Reserve Announcement Imminent?

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The U.S. White House has hinted at a major announcement within weeks regarding the establishment of a national Bitcoin (BTC) strategic reserve, signaling the administration's imminent historic step to integrate virtual assets as a core national asset.

According to cryptocurrency media outlet Bitcoinist on April 28 (local time), Patrick Witt, White House virtual asset advisor, attending the recent Bitcoin 2026 conference in Las Vegas, stated that the government has achieved a breakthrough in coordinating the legal and operational details required to protect Bitcoin at a federal level and formally account for it on the balance sheet.

Advisor Witt referred to the Bitcoin Strategic Reserve Executive Order signed last March, explaining that the government has focused on establishing a budget-neutral strategy to acquire additional coins without further burdening taxpayers, while never selling confiscated Bitcoin. He added that while this administrative action is a significant step forward, congressional legislation must ultimately follow to ensure permanent policy implementation.

In parallel, legislative efforts in the U.S. Congress are also gaining momentum. Representative Nick Begich announced that he would refine the bill previously introduced by Senator Cynthia Lummis in the 118th Congress, and reintroduce the strategic reserve bill under a new name, the American Reserve Modernization Act (ARMA), in the coming weeks.

Representative Begich emphasized that the reason for changing the bill's name is to clearly convey to Congress and the public that Bitcoin should be treated as a true national reserve asset. The new bill aims to identify the locations of Bitcoin scattered across various government agencies, securely custody them, and fundamentally prevent their use as collateral for loans or for short-term political purposes.

As both the executive and legislative branches accelerate the nationalization of Bitcoin, Bitcoin is trading at $76,941 at the time of writing, reflecting strong market expectations.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*