The White House is still on course to create a strategic Bitcoin reserve, according to Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets. Hines confirmed that the reserve is not only being considered but is already in place despite only being briefly mentioned in Wednesday’s federal crypto strategy document.

Crypto investors hope that Wednesday’s report will propose ways for the government to acquire more Bitcoin that don’t require congressional approval. Any signal that the U.S. plans to become an active buyer of cryptocurrencies would likely cause token prices to take off.