Patrick Witt, Executive Director of the White House Digital Assets Advisory Council, stated that the U.S. will soon issue an official announcement regarding its Strategic Bitcoin Reserve, noting that the government has achieved 'breakthroughs' in legal basis, asset custody and inter‑agency reporting mechanisms. On March 6, 2025, former President Trump signed an executive order establishing the Strategic Bitcoin Reserve and banning the Treasury Department from selling related BTC. The reserve is expected to hold approximately 328,372 BTC, accounting for about 1.6% of the global total supply, mainly sourced from assets recovered from the Silk Road case, the Bitfinex hack and other criminal forfeitures.