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    1. CriticalCobraz on

      **Summary:**

      The White House is preparing a formal announcement regarding the **U.S. Strategic Bitcoin Reserve (SBR)**, with Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, stating that the administration has cleared a major legal hurdle. Announced via executive order by President Trump on March 6, 2025, the reserve currently holds approximately **328,372 BTC** (about 1.6% of global supply), acquired through law enforcement seizures and criminal forfeitures. The order prohibits the Treasury from selling these assets.

      Key points include:

      * **Security Urgency:** The push for a formal reserve structure was accelerated by recent thefts, including a **$46 million** cryptocurrency theft from the U.S. Marshals Service in late 2025.
      * **Legislative Push:** To make the reserve permanent beyond the current administration, Congress is considering the **American Reserves Modernization Act (ARMA)**. This bill would authorize the Treasury to purchase up to 200,000 BTC annually for five years, with a 20-year lock-up period.
      * **Timeline:** If ARMA passes, the U.S. could begin its first open-market Bitcoin purchases in **Q4 2026**, becoming the first nation to actively accumulate Bitcoin as a strategic asset.

    2. MaxCapacity on

      Trump Media is sitting on an unrealized loss of $400 million on their BTC holdings.  Doesn’t take a genius to connect the dots.  Trump only does things that benefit him.  We are exit liquidity.