[Former White House Advisor: Trump Still Interested in Increasing Bitcoin Holdings in US Strategic Reserves, But Faces Legal Obstacles] BlockBeats reported on November 11th that former White House cryptocurrency advisor Patrick Witt stated on the podcast "What Bitcoin Did" that President Trump remains interested in purchasing Bitcoin and replenishing the US strategic Bitcoin reserve, and related plans have been discussed multiple times previously. However, Witt pointed out that because the US Congress controls federal spending, there is legal uncertainty regarding the government directly purchasing Bitcoin on the open market. Congress has already included relevant restrictions in the National Defense Authorization Act (NDAA) prohibiting such direct purchases. The government is currently attempting to obtain relevant authorization. The US government established a strategic Bitcoin reserve in March 2025 through an executive order. The initial assets will primarily come from Bitcoin previously confiscated by the government, and the Treasury and Commerce Departments are required to explore budget-neutral methods to acquire more BTC. However, no specific plan has been announced, nor has any open market purchase plan been declared. Witt also stated that perpetuating the strategic Bitcoin reserve through a separate bill would face significant difficulties given the division in Congress. Lacking legislative support, the reserve currently relies on executive orders, and a future president may revoke it through a new executive order. [Original Link]