Treasury Secretary Scott Bessent described the reserve as “new technology” and “new ground,” saying the administration is focused on best practices to make the effort durable for the future.
Treasury Secretary Scott Bessent said this week that the Strategic Bitcoin Reserve is moving ahead with “all deliberate speed,” framing the effort as an early-stage initiative built around unfamiliar technology and policy considerations. He said the administration views the reserve as “new technology” and “new ground,” and stressed that officials are using best practices so that “things will be durable for the future.” The remarks suggest a cautious approach as policymakers work through how such a reserve would be structured and managed.