Former White House crypto adviser Patrick Witt revealed that President Donald Trump remains interested in buying bitcoin for the U.S. Strategic Bitcoin Reserve. However, legal obstacles exist due to a rider in the National Defense Authorization Act (NDAA) that bars outright open-market purchases, making such acquisitions potentially illegal without Congressional approval. With Democrats controlling both chambers of Congress after the 2026 midterms, passing legislation to formalize or expand the reserve faces significant challenges. The reserve currently relies on executive orders, which future administrations could easily reverse, leaving its future uncertain amid a tough political climate.
The story about Donald Trump's interest in buying bitcoin provides context for readers following cryptocurrency markets. For readers following cryptocurrency, here is Pluang's market snapshot as of Nov 11, 2026 16:21 WIB: Of 50 major cryptocurrencies priced on Pluang, 8 rose and 41 fell today. Notable movers include SAND at Rp766 with a 1-day change of -2.90%, DOGE at Rp1.223 with a 1-day change of -2.70%, and SOL at Rp1.498.433 with a 1-day change of -2.68%.
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