Crypto Market Awaits 'Big Announcement' from Trump Administration on Bitcoin Reserve
The executive director of the White House Digital Assets Advisory Council announced an imminent major statement regarding the U.S. Strategic Bitcoin Reserve. The administration has already worked out key implementation mechanisms and could unveil new steps in the coming weeks.
Trump's 'Big Announcement' on Bitcoin Reserve: U.S. Prepares for Historic Move
Introduction
The cryptocurrency market is holding its breath. Patrick Witt, executive director of the White House Digital Assets Advisory Council, speaking at the Bitcoin 2026 conference in Las Vegas, announced an imminent "big announcement" regarding the U.S. Strategic Bitcoin Reserve. "We are preparing an important step in the coming weeks," Witt stated, confirming that the administration has already worked out the key mechanisms for implementing the initiative.
This statement came amid a complex dynamic for the leading cryptocurrency. After President Donald Trump signed an executive order in March 2025 to create a strategic bitcoin reserve, the market experienced turbulent times. The main disappointment for investors was that initially, the reserve would only include crypto assets confiscated in criminal and civil proceedings, with no plans for active purchases.
However, the situation could now change dramatically. This is not just an administrative step but a full-fledged legislative enshrinement of bitcoin's status as a strategic U.S. asset for decades to come.
Event Details and Timeline
From Executive Order to Law: Evolution of the Strategy
The timeline for creating the U.S. Bitcoin Reserve spans just over a year, but each stage has brought the market closer to the current moment of anticipation.
On March 7, 2025, Donald Trump signed a historic executive order to create a strategic bitcoin reserve. According to the document, the U.S. would stop selling confiscated bitcoins and develop a strategy for accumulating them without additional costs to taxpayers. The order called bitcoin "digital gold" and its limited supply a strategic advantage.
However, the market reacted to the news with a decline: bitcoin lost about 5%, dropping from $90,000 to $85,000. The reason was that the order did not involve active purchases—only the retention of already confiscated assets (about 200,000 BTC).
Breakthrough at Bitcoin 2026
On April 27, 2026, the Bitcoin 2026 conference opened in Las Vegas, becoming a turning point. Patrick Witt, executive director of the White House Digital Assets Advisory Council, delivered a keynote statement: "The administration is preparing a big announcement about the Strategic Bitcoin Reserve. The team has achieved a breakthrough in legal and operational details."
Even more significant was the speech by Congressman Nick Begich. He announced the renaming of the bill: instead of the BITCOIN Act, it would now be called the "American Reserves Modernization Act" (ARMA). This is not just a rebranding; the new status is meant to emphasize that bitcoin should be considered on par with gold as a full-fledged reserve asset.
Essence of the New Bill
According to information shared at the conference, ARMA provides for:
- Goal — acquisition of 1,000,000 BTC over five years, representing about 5% of the total bitcoin supply;
- Mechanism — "budget-neutral" strategies, including reallocation of existing reserves (e.g., adjusting gold holdings or foreign exchange reserves);
- Long-term custody — the U.S. government is required to hold the assets for an extended period;
- Inventory — audit of existing government bitcoins for unified storage.
Begich particularly emphasized the urgency of legislative enshrinement: "Future administrations may change their stance on digital assets. We must legislatively 'lock in' the progress made so that policy is not interrupted when power changes hands."
Impact and Significance (for the world, industry, society)
Global Precedent: U.S. Legitimizes Bitcoin
If ARMA is passed, it will be a tectonic shift in the global perception of cryptocurrencies. For the first time, the world's leading power will legally enshrine bitcoin as a strategic reserve asset—on par with gold and foreign currency.
The consequences for the global financial system can hardly be overstated. Other countries, especially those seeking to diversify their reserves amid a weakening dollar, may follow the U.S. example. Analysts view this step as part of a broader strategy: strengthening the dollar's position through dominance in the new digital ecosystem.
Treasury Secretary Scott Bessent, speaking at the World Economic Forum in Davos, confirmed the administration's resolve: "We want to create the best regulatory regime for digital assets in the world to foster creativity and innovation. The U.S. will become the crypto capital of the world."
Transformation of the Crypto Industry
For the digital asset industry itself, the passage of ARMA would mean legitimization at a level that was unimaginable just a few years ago. Institutional investors, long wary of regulatory uncertainty, would receive a clear signal: the U.S. government now not only tolerates bitcoin but is actively accumulating it.
This could trigger a new wave of adoption of bitcoin as a corporate reserve asset. If the U.S. government considers bitcoin worthy of a strategic reserve, why wouldn't Tesla, MicroStrategy, or other corporations increase their holdings?
However, there is a nuance. The bill does not involve increasing the tax burden or budget expenditures. This means the U.S. government will not enter the open market with multi-billion-dollar purchases in the short term. Instead, mechanisms for reallocating existing assets will be used.
Public Resonance
For the general public and traditional financiers, the passage of ARMA would signal that cryptocurrencies have finally "grown up." Bitcoin, once considered a tool for speculators and anarchists, is now being discussed on par with gold in the context of government reserves.
However, there is no shortage of criticism. Some economists express concern about bitcoin's volatility: how can you trust a reserve asset that can lose 30–40% of its value in a few months? Supporters of the bill counter: in the long term (10–20 years), bitcoin shows steady growth, and its scarcity (limited supply of 21 million coins) makes it an ideal hedge against dollar inflation.
Reactions of Key Players
Support from the Administration
In addition to Donald Trump himself, who previously called the crypto reserve a "digital Fort Knox," key administration figures are actively lobbying for the initiative.
Treasury Secretary Scott Bessent confirmed in Davos that the administration is seeking "budget-neutral strategies" to expand the reserve and that a ban on selling confiscated bitcoins is already in effect. This is an important signal: the U.S. government will no longer "dump" bitcoins on the market, as it did in previous years when, according to David Sacks, the Treasury lost $17 billion in potential profit from premature sales.
Congressional Position
In the Senate, the bill is being pushed by Republicans led by Senator Cynthia Lummis, known for her pro-crypto stance. In the House of Representatives, a key role is played by Nick Begich, who announced the renaming of the bill to ARMA.
However, the path to passage is not easy. According to Bloomberg Law, there are still disagreements in the Senate between the banking lobby and crypto companies over certain provisions of the CLARITY Act (a related bill on market structure). These disputes could slow down the progress of ARMA as well. Stephen Aschettino, chair of the fintech and digital assets practice at Fox Rothschild, warns: "If it's not done soon, it may not be done at all this year."
Crypto Industry Reaction
The largest players in the crypto market greeted the news with enthusiasm. Michael Saylor, co-founder of Strategy (formerly MicroStrategy) and one of the largest corporate holders of bitcoin, participated in a crypto summit at the White House and proposed that the U.S. government acquire up to 25% of the total bitcoin supply by 2035, forecasting returns of over $10 trillion annually by 2045.
Coinbase, Circle, and the Blockchain Association, which actively lobbied for the CLARITY Act, also support ARMA, seeing it as a logical continuation of regulatory clarity.
Forecast and Conclusions
Short-term Forecast: Anticipation and Volatility
Until the official announcement of the "big statement," the market will likely remain in a state of heightened volatility. Analysts at Bloomberg Intelligence, led by Mike McGlone, warn that maintaining the $75,000 level is critical for preserving a positive market structure. Losing this support could open the door to a deeper correction.
On the other hand, Bernstein maintains an optimistic forecast, expecting bitcoin prices at $150,000 in 2026 and a peak of $200,000 in 2027, citing a "tokenization supercycle" and continued institutional adoption.
Long-term Prospects
If ARMA is passed, the long-term prospects for bitcoin as a reserve asset will be unprecedented. Analysts compare the current moment to 1971, when the U.S. abandoned the gold standard—only now history is turning in the opposite direction: a return to "digital gold."
WhaleWire founder Jacob King, on the contrary, predicts a prolonged bear market. However, most experts agree that even if ARMA is not passed in the current congressional session, the very fact of its active discussion and promotion is a powerful signal. The U.S. government has officially recognized bitcoin as a tool of geopolitical and financial significance.
What This Means for Investors
For the individual investor, the current moment presents a classic dilemma. On one hand, the expectation of positive news is already partially priced in. On the other, the growth potential if ARMA is passed is enormous.
The "buy the rumor, sell the news" strategy could work, but in this case, the "news" may not be a single event but the beginning of a long-term trend. If the U.S. indeed starts accumulating bitcoin at a scale of 1 million coins over 5 years, it will create sustained demand that fundamentally changes the market structure.
Key takeaway: we are witnessing a historic shift. The government's attitude toward bitcoin is changing from "speculative asset" to "strategic resource." Regardless of whether an $80 billion purchase is announced tomorrow or the process stretches over years, the direction is set. Bitcoin is becoming part of the U.S. financial system at the highest level. And that, perhaps, is the biggest announcement of all.
— Editorial Team
