The U.S. government has finalized the legal and custody structures for its Strategic Bitcoin Reserve, which reportedly holds over 328,000 BTC valued at approximately $25 billion. This development follows President Donald Trump's March 2025 executive order establishing the reserve to safeguard forfeited Bitcoin assets. Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, announced the progress at Consensus 2026, highlighting the administration's efforts to secure these assets beyond executive orders. The finalized framework addresses compliance and custody challenges, ensuring the reserve's legal soundness. The administration is also backing legislative measures, such as the BITCOIN Act, to provide long-term protection for the reserve. With Bitcoin trading near $77,277, the U.S. holds one of the largest state Bitcoin reserves globally. Witt emphasized the need for domestic digital asset regulations to prevent future administrations from reversing current policies and to influence global standards.