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White House Focuses on Safeguarding Bitcoin Holdings
The White House has announced its focus on safeguarding and accounting for its existing Bitcoin holdings. Executive Director Patrick Witt of the President's Council of Advisers on Digital Assets stated that no specific purchase strategies have been set and no policy changes are imminent. As of early October 2026, the government's Bitcoin holdings are estimated at between 319,000 and 328,000 BTC, worth approximately $26 to $28 billion at market prices of $82,000 to $83,000 per Bitcoin. The government's Bitcoin comes from forfeitures tied to the Silk Road and Bitfinex hack cases, and the Strategic Bitcoin Reserve is capitalized exclusively with forfeited Bitcoin, not allowing for sales. The administration has not yet published a formal accounting of its holdings or a budget-neutral acquisition plan.