White House puts Bitcoin security ahead of any new purchases

Patrick Witt says the administration is focused on safeguarding and accounting for existing government Bitcoin before adding to the Strategic Bitcoin Reserve The US government owns a lot of Bitcoin . Before it buys any more, it wants to make sure it knows exactly where all of it is. On October 14, 2026, Patrick Witt, executive director of the President’s Council of Advisers on Digital Assets, said the White House is focused first on safeguarding and accounting for its existing Bitcoin. Adding to the Strategic Bitcoin Reserve comes later, if at all.

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