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Bitcoin has returned to the center of American political maneuvering. The White House is preparing an announcement related to the strategic reserve sought by Donald Trump, while Congress is working to turn the initiative into lasting law.
Patrick Witt, a crypto advisor at the White House and executive director of the President’s Council of Advisors for Digital Assets, said there would be a “big announcement” in the coming weeks about a U.S. strategic reserve. The emphasis is on shifting from simply holding seized BTC to structuring its role within the country’s broader financial strategy.
The initiative builds on an earlier step. In March 2025, Donald Trump signed an order establishing a Strategic Bitcoin Reserve and a separate stock for other digital assets. The order states that the reserve should be supplied primarily by bitcoins already held by the state following civil or criminal confiscations. It also specifies that those BTC must not be sold, except for certain legal exceptions.
The distinction matters because it reframes bitcoin from a seized asset managed through court-related processes into an asset treated as a reserve intended to protect. The change is described as subtle in wording but significant in approach, moving from administrative handling toward a more “patrimonial” logic.
Supporters of the project in Congress argue that a presidential decree is inherently fragile. A future administration could modify it, slow it down, or effectively bury it. For that reason, lawmakers want to embed the reserve mechanism into legislation to ensure political permanence.
The core of the debate is therefore not only about bitcoin, but about the durability of the mechanism. The BITCOIN Act—supported by Cynthia Lummis and Nick Begich—aims to provide a legal foundation for the reserve.
In its 2025 version, the bill proposed acquiring one million bitcoins over five years. It also described the acquisition strategies as neutral for the federal budget. The proposal includes provisions for secure long-term custody.
Nick Begich has since indicated that the text will return under a new name: the American Reserves Modernization Act, or ARMA. The change is presented as more than purely cosmetic. The word “Bitcoin” would be removed from the title to make the concept more acceptable in Washington, where a less technical label may help the proposal advance politically.
Bitcoin markets will likely focus on price effects. However, the immediate objective is described as legal and operational: clarifying the mechanism, the custody of the assets, and the Treasury’s margins of action.
Patrick Witt also said work is underway on legal interpretations needed to solidify the mechanism.
If the state keeps its BTC long term, it could reduce expectations of large-scale sales by authorities. For years, government wallets have often been viewed as a potential source of selling pressure. An official reserve would partially counter that interpretation.
At the same time, the political signal should not be confused with immediate buying. The decree allows for additional acquisition strategies, but only if they are neutral for the budget and do not add costs to taxpayers. This leaves room for financial engineering, and it does not guarantee a rapid market purchase.
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