PANews reported on April 28th that, according to The Block, Patrick Witt, executive director of the White House Presidential Advisory Council on Digital Assets, previewed at the Bitcoin 2026 conference that a "major announcement" regarding Trump's strategic Bitcoin reserve will be released in the coming weeks. Witt stated that since Trump signed the executive order last year establishing the strategic Bitcoin reserve, the team has been studying relevant mechanisms and legal interpretations to ensure that digital assets (especially Bitcoin) on the government's balance sheet are properly protected and secured. Meanwhile, lawmakers are pushing to legislate Trump's executive action. The BITCOIN Act, reintroduced by Senator Cynthia Lummis and Representative Nick Begich and renamed the U.S. Reserve Modernization Act, includes provisions for acquiring 1 million Bitcoins over five years through a "budget-neutral strategy."