The White House is considering whether current federal inflows can be converted into Bitcoin to grow the US strategic Bitcoin reserve without additional taxpayer costs. Patrick Witt, executive director of the President’s Council of Advisers for Digital Assets, noted that purchasing Bitcoin on public markets would need congressional approval. Instead, the administration is looking at ways to add Bitcoin through existing federal funds. This move follows President Trump's executive order on establishing a strategic Bitcoin reserve.
The White House's exploration of federal inflows to expand the Bitcoin reserve provides context for cryptocurrency market activity. For readers following digital assets, here is Pluang's market snapshot as of Oct 15, 2026 02:51 WIB: out of 50 major cryptocurrencies priced on Pluang, 5 rose and 44 fell today. Notable movers include UNI (Uniswap) at Rp127.563 with a 1-day change of -6.14% and Pluang order activity showing 60% Sell / 40% Buy, COTI at Rp211 with a -5.87% change and 57% Sell / 43% Buy order activity, and ATOM (Cosmos) at Rp31.507 with a -5.58% change and 20% Sell / 80% Buy order activity.
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