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▲ White House Bitcoin / ChatGPT Generated Image
The White House is accelerating its efforts to incorporate Bitcoin (BTC) as a key national asset by removing legal barriers to the establishment of a national strategic Bitcoin reserve.
According to a report by crypto media outlet BeInCrypto on May 7 (local time), White House virtual asset advisor Patrick Witt announced at the Bitcoin 2026 conference that a "significant breakthrough in legal interpretation for operating a strategic Bitcoin reserve has been achieved." Advisor Witt stated, "We are finalizing key legal preparations to solidify and protect Bitcoin on the government's balance sheet," and "a major announcement regarding this will be made within weeks." The White House is focusing on transforming the presidential executive order issued last year into a concrete implementation framework and plans to unveil a tangible operating system soon.
The strategic Bitcoin reserve plan originated from an executive order signed by US President Donald Trump in March 2025. This order stipulates that approximately 200,000 BTC acquired by the government through criminal and civil forfeiture procedures will not be sold but used as initial funding for the reserve. As of February 2026, the US federal government is estimated to hold approximately 328,372 BTC, which is the largest among national institutions worldwide. Advisor Witt emphasized that legislative support is essential to ensure the long-term stability of the reserve, following executive actions.
Efforts to legalize the strategic Bitcoin reserve are also actively underway in Congress. Senator Cynthia Lummis and Senator Bill Cassidy introduced the "Mining in America Act," which codifies President Trump's executive order into permanent law. Additionally, Representative Nick Begich reintroduced the "American Reserve Modernization Act (ARMA)," presenting a concrete blueprint to accumulate up to 1 million BTC over the next five years. These legislative proposals are expected to serve as safeguards to maintain the Bitcoin reserve system regardless of changes in administration.
Strengthening the domestic base of the Bitcoin mining industry is also a core pillar of the reserve plan. The Mining in America Act includes provisions for introducing a voluntary certification system for virtual asset mining facilities in the US and reducing dependence on hardware manufactured by hostile foreign countries. Currently, the US accounts for 38% of the global Bitcoin hashrate, but the fact that 97% of mining equipment is made in China has been pointed out as a national security vulnerability. Experts analyze that the reserve system can only function fully if the US secures leadership in the Bitcoin supply chain through expanding domestic manufacturing bases and strengthening energy infrastructure.
Companies are also strengthening their Bitcoin accumulation strategies in line with the government's reserve policy. American Bitcoin announced in its Q1 2026 earnings report that it mined 817 BTC and expanded its strategic reserve to over 7,300 BTC. Eric Trump, Chief Strategy Officer of American Bitcoin, emphasized that virtual assets are the future of the US and that the US must lead the way. Despite the volatility of Bitcoin prices, which fell by approximately 22% in Q1, companies did not sell a single coin but increased their reserves, demonstrating their participation in the government's national strategy.
The White House's announcement of a major upcoming declaration is injecting strong optimism into the market. Experts evaluate that Bitcoin has entered a breakthrough phase, moving beyond a mere policy concept to become part of the national operating system. As Bitcoin surpasses the $80,000 mark, setting new historical highs, the specific operational plan to be unveiled by the White House will be a milestone symbolizing the institutional integration of virtual assets. If the US government officially confirms Bitcoin as a national reserve asset, an unprecedented upheaval in the global financial order is expected.
*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.*
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