Trump Administration Considers Additional Bitcoin Purchases, Patrick Witt Reveals

According to Patrick Witt, former executive secretary of the White House Digital Asset Advisory Committee, the Trump administration is considering having the U.S. federal government purchase additional Bitcoin on November 10. However, Witt noted that direct market purchases may face legal hurdles and would require congressional approval. He indicated the administration has discussed several alternative methods to acquire Bitcoin, including revaluing gold reserves and accepting Bitcoin for taxes and government fees, though all approaches require legal review.
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