Executive Director of the White House Digital Assets Advisory Council: Prioritizing the Inventory and Protection of Existing Bitcoin, No Specific Accumulation Strategy Yet

Odaily News: Patrick Witt, Executive Director of the U.S. President's Digital Assets Advisory Council, stated on October 14 that the White House is currently prioritizing ensuring the security of the government's existing Bitcoin and completing an inventory before considering expanding the strategic Bitcoin reserve. No specific purchasing strategy has been formulated yet, nor has a timetable or upcoming policy adjustments been announced. The current framework requires that any new Bitcoin purchasing strategy remain budget-neutral and not increase the burden on taxpayers.