Regulation· ★★★★· bullish·

White House explores ways to expand Bitcoin reserve without open-market buys

  • —Direct BTC purchases would need congressional authorization, Patrick Witt said
  • —Officials are weighing receiving or converting existing federal flows into BTC
  • —Goal is to expand the reserve without raising taxpayer spending
  • —No volumes, funding sources or timeline have been specified
Why it matters: A signal that the U.S. reserve could grow without new budget outlays, though the lack of detail limits near-term market impact.
Source: DiarioBitcoin