U.S. Could Soon Expand Its Bitcoin Reserve
Senator Bill Hagerty stated that the United States could increase its strategic reserve of bitcoin (BTC) once Congress approves the Clarity Act. Currently, the reserve mainly consists of seized bitcoins, with estimated holdings of 328,000 BTC, approximately 1.56% of the total bitcoin supply, valued between $26 billion and $28 billion in October 2026. The reserve was created by Executive Order 14233 in March 2025, which stipulated that bitcoins obtained through seizures be retained rather than sold. The Clarity Act, passed by the House in July 2025, aims to define the competencies of the SEC and the CFTC, but did not pass a vote in the Senate in September 2026. Additionally, the proposal H.R. 8957, which seeks to formalize the reserve and establish a 20-year lock-up period for the bitcoins, advanced in the House Financial Services Committee. The distinction between retaining seized bitcoins and purchasing them with public funds is crucial for the future of the reserve, and any expansion will depend on financial mechanisms and the corresponding legal authorization.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

AI Investment Risks: 80% of Funds Allocated to Top 6 Coins

Artificial Intelligence (AI): Credit Boom Worries Economists

BTC hash rate rebounds 21% from July low

Federal Reserve Holds Rates; AMZN, MSTR Earnings in Focus | WEEX TradFi Daily (October 29, 2026)
All three major indexes closed higher on October 28. The Federal Reserve held its policy rate at 3.75%–4%. Bitcoin briefly rose above $81,000 before pulling back. Storage, optical communications and Neocloud stocks strengthened broadly, with SK Hynix up more than 10%. Google fell about 9%–10% after hours, while Microsoft rose about 4%. Investors will watch after-hours earnings from Amazon, Intel and others on October 29.

WEEX Exclusive:Federal Reserve Holds Rates; AMZN, MSTR Earnings in Focus | WEEX TradFi Daily (October 29, 2026)

The Fed Divided on US Interest Rates, Bitcoin and Gold Face New Volatility Risks - Fintech World

Cryptocurrency Transfers Account for Only 0.68% of Remittances Received in El Salvador

Itaú Unibanco in Brazil Files for Trading and Custody Services for 15 Cryptocurrencies Including XRP

What makes HYPE likely to reach $128 without relying on a crypto bull market?

Ripple is heading for its best year ever while XRP faces its worst since 2022

Why is Strive More Aggressive than Strategy in Financing Bitcoin?

APX Lending Plans to Launch Bitcoin-Backed Home Loans in 2027

Bitcoin Exchange Outflows Improve to 12,702 BTC, Analysts Maintain Neutral Position

CryptoQuant Founder Predicts Bitcoin Will Regain Upward Momentum

BlackRock IBIT Moves 3,441 Bitcoins

SAC Partners with Coinbase to Implement $1.5 Billion Bitcoin and Real Estate Investment Strategy

Swiss FINMA Approves First Domestic Retail Bitcoin ETF

WEF, BCG report digital asset regulation expands beyond crypto

Tim Draper Claims Bitcoin Will Increase Withdrawals from Banks

Arcadia₿ Launches Bitcoin Custody Service for 2027

Three Vulnerabilities Discovered in Bitcoin Core

CoinShares' Zcash ETP: Euronext Paris Suspends and Then Restores It on Its Listing Day

Euro-area banks report record decline in retail-funding access

Wall Street’s Fast Money Fled Bitcoin ETFs, Sovereign Funds Stepped In

Crypto: Zcash Celebrates Its 10th Anniversary and Prepares for Major Change

IREN Completes $363 Million Financing for AI Equipment Refinancing

Bitcoin options show premium ahead of Fed decision

Luxor Raises 16 Million USD to Expand AI Compute and Derivatives

Samara Asset Group CEO Criticizes Bitcoin Treasury Companies

Confidential ZEC trading goes live on Shield
AI Investment Risks: 80% of Funds Allocated to Top 6 Coins
Artificial Intelligence (AI): Credit Boom Worries Economists
BTC hash rate rebounds 21% from July low
Federal Reserve Holds Rates; AMZN, MSTR Earnings in Focus | WEEX TradFi Daily (October 29, 2026)
All three major indexes closed higher on October 28. The Federal Reserve held its policy rate at 3.75%–4%. Bitcoin briefly rose above $81,000 before pulling back. Storage, optical communications and Neocloud stocks strengthened broadly, with SK Hynix up more than 10%. Google fell about 9%–10% after hours, while Microsoft rose about 4%. Investors will watch after-hours earnings from Amazon, Intel and others on October 29.









