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▲ White House Bitcoin/ ChatGPT Generated Image
The U.S. White House is accelerating its efforts to incorporate Bitcoin (BTC) as a key national asset by removing legal barriers to establish a strategic national Bitcoin reserve.
According to a report by the cryptocurrency specialized media BeInCrypto on May 7 (local time), White House virtual asset advisor Patrick Witt announced at the Bitcoin 2026 conference that "a significant breakthrough has been made in the legal interpretation for operating a strategic Bitcoin reserve." Witt added, "We are finalizing key legal preparations to solidify and protect Bitcoin on the government's balance sheet," and predicted that "a major announcement regarding this will be made within weeks." The White House is focusing on converting the presidential executive order, which came into effect last year, into a concrete implementation framework and plans to unveil a visible operating system soon.
The strategic Bitcoin reserve plan originated from an executive order signed by U.S. 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 instead utilized as initial funding for the reserve. As of February 2026, the U.S. federal government is estimated to hold approximately 328,372 BTC, making it the largest holding among national institutions worldwide. Advisor Witt emphasized that legislative support is essential to ensure the long-term stability of the reserve, following executive-level measures.
In Congress, efforts to legislate the strategic Bitcoin reserve are actively underway. Senator Cynthia Lummis and Senator Bill Cassidy have introduced the Mining in America Act, which would establish President Trump's executive order as permanent law. Additionally, Representative Nick Begich has reintroduced the American Reserve Modernization Act (ARMA), presenting a specific 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 foundation of the Bitcoin mining industry also forms a key pillar of the reserve plan. The Mining in America Act includes provisions to introduce a voluntary certification system for virtual asset mining facilities within the U.S. and reduce reliance on hardware manufactured by foreign adversaries. Currently, the U.S. accounts for 38% of the global Bitcoin hashrate, but the fact that 97% of mining equipment is Chinese-made has been pointed out as a national security vulnerability. Experts analyze that the reserve system can only fully function if the U.S. secures leadership in the Bitcoin supply chain through the expansion of domestic manufacturing bases and the strengthening of energy infrastructure.
Companies are also strengthening their Bitcoin accumulation strategies in line with the government's reserve stance. 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 U.S., and the U.S. must lead the way. Despite the volatility of Bitcoin prices, which fell by approximately 22% in the first quarter, companies did not sell a single coin, instead increasing their reserves and participating in the government's national strategy.
The White House's announcement of a major upcoming declaration is fueling strong optimism in 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 and sets new historical highs, the specific operating plan to be unveiled by the White House will serve as a milestone symbolizing the institutionalization of virtual assets. If the U.S. government officially designates 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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