White House puts Bitcoin security ahead of any new purchases

Share

The White House announced on October 14, 2026 that the administration is prioritizing the securing and accounting of its existing Bitcoin holdings before considering any new purchases. The US government holds between 319,000 and 328,000 BTC, representing approximately 26 to 28 billion dollars at current prices. Over one billion dollars worth of Bitcoin was transferred in early October to Coinbase Prime addresses, indicating custody consolidation rather than liquidation. The Strategic Bitcoin Reserve, created by executive order in March 2025, is funded exclusively with forfeited Bitcoin and must remain budget-neutral. No budget-neutral acquisition strategy has advanced beyond the discussion stage.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items