Trump Administration Readies Strategic Bitcoin Reserve as Begich Rebrands Bill
The Trump administration is preparing a formal strategy for a Strategic Bitcoin Reserve within the next two months, according to a Bybit weekly report, with plans to use about 200,000 BTC seized in government enforcement actions as a national reserve asset. White House digital asset advisor Patrick Witt said at the Bitcoin 2026 conference that a major announcement is expected in the coming weeks, while a White House executive director said the initiative is already in motion.
Separately, Representative Nick Begich said he plans to reintroduce bitcoin reserve legislation in the coming weeks under a new name, the American Reserves Modernization Act, in an effort to broaden support in Congress. Legal and legislative preparations are under way, though final execution details still depend on upcoming official documents.
From the sources (3 posts)
@wublockchainTrump Admin to Unveil Strategic Bitcoin Reserve Plan Soon The Trump administration is actively advancing its Strategic Bitcoin Reserve plan. According to a Bybit weekly report, the White House confirmed it plans to release the formal strat
@coinmarketcapLATEST: 🇺🇸 Rep. Nick Begich says he plans to reintroduce the Bitcoin strategic reserve bill in the coming weeks, rebranding it as the American Reserves Modernization Act to broaden support in Congress.
@smtgptWhite House Executive Director confirms that the Strategic Bitcoin Reserve is already in motion. Will be very interesting to see how it is implemented and the global impact it will have. Interesting times ahead! 🫡