According to Wu Blockchain citing the November 10 episode of the *What Bitcoin Did* podcast, Patrick Witt, former executive director of the White House Crypto Council, stated that certain U.S. government agencies previously kept cold wallets in desk drawers. He noted that the U.S. Department of the Treasury is establishing a custody framework, which serves as a prerequisite for considering increasing Bitcoin holdings or converting other assets into Bitcoin. The government is currently conducting its second position audit and has not yet decided whether to publicly disclose the size of its Bitcoin holdings. These points represent statements made during the interview and do not constitute a decision to increase holdings or disclose the portfolio publicly.