Witt is not a Twitter-native crypto influencer; he’s a policy hand with one foot in national security and the other in crypto strategy. The Defense Department lists him as Acting Director of OSC, the investment office stood up to channel credit into critical technologies.
Witt’s rationale for an SBR was framed as statecraft, not speculation. “Bitcoin and the digital assets ecosystem is an engine for economic growth,” he argued, adding that the administration “want[s] to be the crypto capital of the world.” He called digital assets “a tool of modern statecraft,” warning that if the United States doesn’t “actively [shape] and influence what that new construct looks like” for the next-generation financial system, it risks ceding advantage.
Why is Witt the person saying this? Because his second hat is executional. As Acting Director of the Pentagon’s Office of Strategic Capital (OSC), he described a federally backed credit window designed to rebuild industrial capacity and compete in strategic technologies. When he joined, OSC “had $984 million of capital to lend,” later expanding to “$5 billion where we currently sit,” with potential—pending legislation—to “grow to $200 billion.”
Demand already ran hot: the first notice of funding drew “$9 billion worth of requests,” eight to nine times the initial pool. Asked what might intersect with Bitcoin, Witt was careful but plain: OSC would target “enabling infrastructure… potentially more on the energy side, compute power. We want compute and energy to be domestic, secure and abundant.” Pair that with an SBR accumulation plan and a clear picture emerges: sovereign balance-sheet exposure to Bitcoin alongside public credit that lowers the cost of the physical inputs miners and broader crypto infrastructure consume.
Witt also made the hierarchy explicit. “We recognize the difference in the space… Bitcoin definitely has primacy for us,” he said, even as the White House pushes broader digital-asset policy. The request to industry was equally direct: be “a trusted partner and an objective resource,” bring research and credible projects, and accept that real legislation demands “horse trading and compromise.” That’s the practical context for any SBR rollout: the West Wing will need private-sector expertise to harden custody, automate execution, and publish transparent reporting that markets can trust.
It’s why some community reaction highlighted his dual roles—White House crypto lead and OSC chief—and urged, “If you haven’t read ‘Software’ [sic] by Major Jason Lowery, you might want to give it a go.” Whether or not the administration embraces Softwar’s strongest claims, Witt’s only public remarks suggest the reserve is being treated as strategic infrastructure, not a talking point.
Strip it down, and the signal is clean. The White House seems to have made a strategic pivot: it’s a strategic pivot. Trump’s Bitcoin and crypto plans are steered by someone who views it not as an asset class but as critical infrastructure to be controlled. Bo Hines got replaced by a Pentagon-linked strategist.
At press time, BTC traded at $121,792.
