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▲ US Bitcoin ©
The U.S. White House has hinted at an imminent historic step by the administration to incorporate virtual assets as core national assets, foreshadowing a major announcement within weeks regarding the holding of a national-level Bitcoin (BTC) strategic reserve.
According to the cryptocurrency media outlet Bitcoinist on April 28 (local time), Patrick Witt, the White House virtual asset advisor, recently attended the Bitcoin 2026 conference in Las Vegas and stated that the government has achieved a breakthrough in coordinating the legal and operational details to protect Bitcoin at the federal level and officially account for it on its balance sheet.
Advisor Witt referred to the Bitcoin Strategic Reserve Executive Order signed last March, explaining that the government has focused on establishing a budget-neutral strategy to acquire additional coins without further burden on taxpayers, never selling confiscated Bitcoins. He added that while this executive action is a significant step forward, it must ultimately be followed by congressional legislation to ensure permanent policy establishment.
In parallel, legislative efforts in the U.S. Congress are also accelerating. Representative Nick Begich announced that he plans to reintroduce the strategic reserve bill, refining the bill previously sponsored by Senator Cynthia Lummis in the 118th Congress, under a new name, the American Reserve Modernization Act (ARMA), in the coming weeks.
Representative Begich emphasized that the reason for changing the bill's name is to clearly make Congress and the public recognize that Bitcoin should be treated as an actual national reserve asset. The new bill aims to identify and securely custody Bitcoins scattered across various government agencies, and to fundamentally prevent them from being used as collateral for loans or for short-term political purposes.
As both the executive and legislative branches simultaneously accelerate the nationalization of Bitcoin, Bitcoin is trading at $76,941 at the time of writing, reflecting strong market expectations.
*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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