Patrick Witt said a major White House announcement on the Strategic Bitcoin Reserve is expected in the coming weeks, as lawmakers reintroduced the BITCOIN Act with a budget-neutral plan to acquire 1 million Bitcoin over five years.
Patrick Witt said the White House is expected to make a major announcement on the Strategic Bitcoin Reserve in the coming weeks. In a related legislative development, lawmakers reintroduced the renamed BITCOIN Act, which proposes a budget-neutral plan for the U.S. to acquire 1 million Bitcoin over five years. The source does not provide further details on the White House announcement, including whether it would involve reserve creation, purchases, custody arrangements, or broader digital asset policy changes.