The United States is actively exploring unconventional, budget-neutral strategies to grow its national Bitcoin reserve—without dipping into taxpayer funds—according to Bo Hines, executive director of the Trump administration’s crypto advisory council.
In a recent interview with Anthony Pompliano, Hines, the CEO of Professional Capital Management, discussed the administration’s consideration of innovative strategies to build its Bitcoin holdings. Among these strategies are utilizing tariff revenues and revaluing the US Treasury’s gold certificates, currently valued at $43 per ounce. By realigning these certificates with the gold market price—approximately $3,200 per ounce—a potential paper surplus could arise, allowing the government to acquire Bitcoin without liquidating its gold reserves. Hines emphasized, “Everything is on the table,” affirming the administration’s aggressive approach to maximizing its Bitcoin assets.
The initial Bitcoin reserves will consist of assets seized from criminal cases, with plans to develop sustainable methods for accumulating more digital assets over time. The White House is also working on a comprehensive digital asset framework, which is expected to be released in late July or August. This policy will outline the US’s approach to supporting cryptocurrency innovation, including tokenization and staking, and establish global standards for US dollar-backed stablecoins. Hines emphasized that the administration is moving quickly to position the US as the global leader in the crypto space, stating, “We’re moving at tech speed—it’s like we’re a startup.”
However, the interview avoided discussing controversies linked to Donald Trump’s crypto activities, including the Official Trump (TRUMP) memecoin and his family’s partnership with World Liberty Financial. Critics, such as Representative Gerald E. Connolly, labeled the TRUMP token a “money grab,” alleging over $100 million in profits from trading fees. Representative Maxine Waters referred to it as a “rug pull,” highlighting the negative aspects of crypto. In contrast, David Sacks, the White House’s AI and crypto czar, downplayed the memecoin, labelling it merely as a collectable.
If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
