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Home Explore Bitcoin

Trump Administration Reaffirms Plans for U.S. Strategic Bitcoin Reserve

31 July 2025
in Bitcoin, News
Reading Time: 3 mins read
109 2
source: bankingdive.com

source: bankingdive.com

The Trump administration has reaffirmed its commitment to creating a U.S. strategic Bitcoin reserve, according to Robert “Bo” Hines, executive director of the President’s Council of Advisers on Digital Assets.

The announcement comes despite the initiative being only briefly outlined in a recent crypto policy report.

“We do believe in accumulation,”

Hines said in an interview on Crypto in America on Wednesday.

“We have it, it’s been established, and we also have the strategic national digital assets stockpile. Bitcoin is in a class of its own, and everyone recognizes that.”

🚨EXCLUSIVE: We sat down with @BoHines, Executive Director of the White House Crypto Council, inside the @WhiteHouse to dig into the Administration’s new crypto report.

Beyond breaking down the document’s key recommendations, we tackled today’s hottest topics — from Brian… pic.twitter.com/gkVxGbc1AJ

— Crypto In America (@CryptoAmerica_) July 30, 2025

Hines noted that while Bitcoin remains the administration’s primary focus, the government is also prioritizing the development of digital asset infrastructure. However, he stopped short of naming other cryptocurrencies or platforms.

He described the effort as a “deliberate, long-term process” intended to ensure sustainability and security.

“There are countless ways we can accumulate,”

Hines said.

“People will be very pleased with the direction we’re going, and we’ll start moving on that in short order.”

The administration is also pushing forward on regulatory clarity.

“We understand the importance of the strategic Bitcoin reserve,”

Hines added.

“We’re enormous fans of Bitcoin and the Bitcoin community. We want as much BTC as we can possibly get, and we’re going to continue to work on that.”

Hines declined to disclose how much Bitcoin the U.S. government currently holds, citing strategic considerations.

“There might be a time when we do, but for now, we’re focused on building and accumulating,”

he said.

Meanwhile, Trump Media and Technology Group (TMTG) is advancing its plans to integrate artificial intelligence into its Truth Social platform. The company has filed trademark applications for “Truth Social AI” and “Truth Social AI Search,” aimed at positioning the platform as a hub for “reliable information, non-woke news, and entertainment,” according to CEO Devin Nunes.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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