US Strategic Bitcoin Reserve Gains Bipartisan Backing, Says White House Advisor

Speaking on the Economic Club of New York on March 9, Patrick Witt, government director of the President’s Council of Advisers for Digital Assets, said there may be “some bipartisan assist” for laws to codify the US Strategic Bitcoin Reserve, even when the timing might slip past the present Congress.

President Donald Trump signed the executive order creating the Strategic Bitcoin Reserve on March 6, 2025. The order directed the Treasury to arrange an workplace to regulate the reserve, capitalize it with forfeited bitcoin already held by the federal government, and preserve BTC within the reserve from being bought. It additionally approved Treasury and Commerce to develop “finances impartial” methods for buying further bitcoin with out imposing incremental prices on taxpayers.

Bipartisan Support Builds For US Bitcoin Reserve

The order additionally got here with concrete deadlines. Agencies had 30 days, till April 5, 2025, to evaluation whether or not they might switch government-held BTC into the reserve and to offer a full accounting of digital belongings of their possession. Treasury then had 60 days, till May 5, 2025, to ship a authorized and funding analysis on how the reserve needs to be established and managed, together with whether or not additional laws could be wanted.

The most substantive official replace arrived on July 30, 2025, when the President’s Working Group on Digital Asset Markets mentioned the Treasury had already delivered these issues to the White House below Section 3(e) of the order and would preserve coordinating on “acceptable subsequent steps” to operationalize the reserve. The White House was nonetheless publicly describing the reserve as a longtime coverage as lately as January 20, 2026.

One necessary caveat stays: these deadlines produced inside reporting, not a public accounting of the reserve. In different phrases, businesses had been required to report what they held, and Treasury was required to report again to the White House, however the administration has nonetheless not publicly disclosed what number of BTC are literally within the Strategic Bitcoin Reserve. For the general public, that leaves an important piece of the story unresolved: the reserve exists on paper and as government coverage, however its confirmed dimension stays unknown.

That leaves the present standing pretty clear, even when not totally clear. The reserve exists as government department coverage. The deadlines within the order have lengthy since handed. The Treasury has formally reported again. But a fuller statutory framework nonetheless seems to be the following step if the administration needs the reserve locked in past government motion alone.

Witt’s remarks are notable as a result of they level to precisely that subsequent stage. “There can also be a push to advance different laws to codify the strategic Bitcoin reserve,” he mentioned. “Whether or not we’re in a position to get to these on this Congress, there may be some bipartisan assist for these. So, into the following Congress, loads of these payments will be marked up probably upfront after which be taken up in a future both particular person vote on these or probably in a should go like an NDAA for instance.”

At press time, Bitcoin traded at $69,894.