The administration of US President Donald Trump is preparing a major political and economic announcement related to the creation of a Strategic Bitcoin Reserve (SBR). This was stated by Patrick Witt, Executive Director of the President’s Council of Advisers on Digital Assets, during the Bitcoin 2026 conference, according to The Block.
According to him, work on the initiative is already at an advanced stage, and key legal and institutional mechanisms have effectively been developed. This is no longer a conceptual idea but an attempt to integrate digital assets, primarily Bitcoin, into the structure of US government reserves.
“Last year, the President signed an executive order on the Strategic Bitcoin Reserve, and we have been working to define all the necessary mechanisms and legal interpretations to properly implement it and place digital assets, especially Bitcoin, on the government’s balance sheet,” Witt said.
He emphasized that the US administration views this project as a long-term element of financial strategy rather than a short-term initiative. Moreover, he noted that new steps could be announced within the coming weeks. At the same time, the White House aims to make a “substantial step forward” even before the relevant provisions are fully codified into law.
The context of this initiative is also important. In the first months of the new presidential term, Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve. Under the current model, it is primarily formed from Bitcoin already held by the government, obtained through criminal or civil asset seizures. In parallel, a separate digital asset reserve is being created.
However, executive orders in the US do not have the same permanence as federal laws. They can be revised or repealed by future administrations. This is why legislative work is being carried out simultaneously to закрепить the initiative at the statutory level.
In the US Congress, a bill known as the BITCOIN Act — “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act” — is already under discussion. It has been reintroduced by Senator Cynthia Lummis and Congressman Nick Begich. The document builds on the executive order and proposes a more structured approach to forming the reserve.
This is where one of the main questions arises: how exactly the government will build such a large-scale digital reserve without putting pressure on the financial system. So far, the details of these mechanisms remain under discussion, but the very fact that they are being developed indicates that Bitcoin is gradually being viewed not as a speculative asset, but as a potential component of state financial architecture.
Its key element is a proposal to acquire up to 1 million bitcoins over five years. At the same time, it emphasizes that purchases should be carried out using “budget-neutral strategies,” meaning without directly increasing the burden on the federal budget.
At the same time, the political significance of the topic is increasing. Including Bitcoin in strategic reserves effectively means its institutionalization at the state level. This changes not only the perception of cryptocurrency but could also impact global financial markets, where digital assets are increasingly seen as part of long-term reserve strategies.
According to administration representatives, the coming weeks may be crucial in determining the future format of the project. If the announced steps are confirmed, it could mark a transition from a political signal to a practical financial infrastructure in which digital assets take a formal place within the US government system.
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