BREAKING: The White House just confirmed the US Strategic Bitcoin Reserve is being formally structured right now. The US already holds 328,372 Bitcoin worth around $25 billion, making it the largest known government holder of Bitcoin in the world. That is 1.56 percent of the entire Bitcoin supply currently in circulation. Not a single coin was purchased. Every Bitcoin in the reserve was seized from criminals through civil and criminal asset forfeitures. The government has committed to never selling any of it. A separate Digital Asset Stockpile will hold everything else seized, including Ethereum, XRP, and other altcoins. The word "structure" matters here. The reserve exists on paper but the legal and operational framework to formally manage it is still being built. That is what the White House is now working on. Congress is separately working on legislation called the American Reserves Modernization Act that would direct the Treasury to buy 1 million Bitcoin over five years. If that passes, the US becomes the first country in history to actively purchase Bitcoin as a formal national reserve asset, with a 20 year minimum hold period.