The White House is exploring ways to acquire Bitcoin through existing federal government fund inflows to expand the U.S. Strategic Bitcoin Reserve. According to Odaily, Patrick Witt, executive director of the President’s Council of Advisers on Digital Assets, told Lark Davis that open-market Bitcoin purchases would require congressional authorization, and the government is studying whether existing federal inflows can be received or converted into Bitcoin. The plan is intended to follow U.S. President Donald Trump’s executive order without increasing taxpayer spending.