Trump administration's chief digital assets advisor Patrick Witt announces investigation into increasing U.S. government BTC holdings and custody practices.
Macro & Markets ·
Patrick Witt, the White House's chief advisor on digital assets, announced that the Trump administration is investigating ways to expand U.S. government Bitcoin holdings alongside efforts to properly safeguard and account for existing assets. The investigation encompasses custody practices and exploration of methods to add to the current stockpile.
The move signals a shift toward treating government-held Bitcoin as a strategic reserve asset rather than merely managing seized or existing holdings. The scope of the review includes both infrastructure improvements for asset protection and mechanisms for potential acquisition.
It remains unclear what timeline the administration is working within, what funding mechanisms might be deployed for purchases, or how such a reserve program would align with existing U.S. fiscal and monetary policy frameworks.