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Former White House crypto adviser says Trump still interested in growing BTC reserve

November 11, 2026, 9:47 AM
Patrick Witt, former executive director of the White House crypto council, said on the "What Bitcoin Did" podcast that President Donald Trump remains interested in expanding the U.S. strategic Bitcoin reserve through BTC purchases. Witt said the idea has been discussed several times, but open-market purchases face legal constraints as Congress controls federal spending authority. Witt added that the National Defense Authorization Act, or NDAA, includes a provision restricting direct purchases, and the government is seeking to secure the necessary authority. Meanwhile, the U.S. government established a strategic Bitcoin reserve through an executive order in March last year and directed a review of ways to secure BTC without adding to the fiscal burden, but it did not announce a specific purchase plan.

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