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White House Explores Using Federal Revenue Inflows to Expand Strategic Bitcoin Reserve

The White House is exploring mechanisms to acquire Bitcoin by redirecting existing federal revenue inflows to expand the U.S. Strategic Bitcoin Reserve. Patrick Witt, executive director of the President's Council of Advisers for Digital Assets, noted that direct open-market purchases require congressional authorization, prompting officials to study alternative funding streams without increasing taxpayer spending. Established by President Donald Trump's executive order in March 2025, the reserve currently holds only Bitcoin acquired through law enforcement seizures. Initial efforts focus on custody and accounting protocols, with no formal budget proposal, legislative text, or timeline finalized.

Category

Bitcoin

Sentiment

Bullish

Event

Central bank policy

Reading time

1 min