Trump's March 2025 executive order created a Strategic Bitcoin Reserve, but one year later it's a no-sell directive with no active buying. Audit reveals 328,372 BTC held in chaotic custody, with a $60M hack. Treasury says no more purchases, and two competing bills remain stuck.
A White House digital assets official said the legal and custody structure for the U.S. Strategic Bitcoin Reserve is now in place, clearing a major obstacle to securing seized Bitcoin held by the government.
The U.S. Bitcoin Reserve blueprint expires in July. Congress faces two competing bills, BITCOIN Act and ARMA. Budget-neutral constraint limits actual buying power. Global comparison shows U.S. could become first major sovereign to actively accumulate, but near-term expectations are incremental.
White House adviser Patrick Witt announced at Bitcoin 2026 that a significant update on the operationalization of the U.S. strategic Bitcoin reserve is expected within weeks, while lawmakers push to codify the reserve and authorize acquisition of up to 1 million Bitcoin.
DWF Ventures says automation and AI agents now make up about 19% of on-chain activity. They outperform humans in narrow yield strategies, but in trading contests, top human participants still beat the best agents by more than five times.
Ukrainian authorities seized more than $8.3 million in USDT from wallets tied to an alleged cybercrime group and transferred the assets to ARMA in the agency’s first digital asset management case.
US lawmakers have reintroduced the ARMA bill to create a Treasury-run Strategic Bitcoin Reserve and a separate federal digital asset stockpile, with plans to explore acquiring up to 1 million BTC over five years.
Patrick Witt, the White House's top crypto advisor, teased a 'major announcement' on the Bitcoin Strategic Reserve in the coming weeks, claiming breakthroughs. Meanwhile, the BITCOIN Act has been renamed the American Reserves Modernization Act (ARMA).
