Bo Hines emphasizes that U.S. has many ways to create Bitcoin reserve
U.S. explores funding Bitcoin reserves without taxpayer dollars.
The U.S. government is exploring unconventional strategies to expand its Bitcoin reserve without drawing on taxpayer funds, according to Bo Hines, executive director of the Trump administration’s Presidential Council of Advisers for Digital Assets.
In an April 14 interview with investor Anthony Pompliano, Hines detailed several proposals under review, including redirecting tariff revenue and revaluing the Treasury’s gold certificates to fund BTC acquisitions, reports Cointelegraph.
One key proposal involves updating the valuation of the government’s gold certificates, currently priced at $43 per ounce, to match today’s market value of over $3,200 per ounce. Doing so would create a paper surplus without the need to sell gold, Hines claimed. “We want as much [Bitcoin] as we can get, so we’re going to make sure that no stone is unturned,” he said.
The Bitcoin Reserve, first announced in a March executive order from President Donald Trump, will initially consist of seized crypto assets from federal cases. However, the administration’s broader aim is to develop “budget-neutral” methods to continue growing the reserve over time.
Digital asset framework and broader crypto strategy in the works
Hines also confirmed that the White House is developing a comprehensive digital asset policy framework, expected to be published by late July or August. The report will offer guidance on a range of crypto-related topics, from tokenization and staking to stablecoin adoption and regulatory clarity.
“We’re moving at tech speed,” Hines said of the administration’s approach, adding that efforts are focused on making the U.S. the “crypto capital of the world.”
Notably absent from the interview were questions about potential conflicts of interest related to the Trump-branded TRUMP memecoin or the Trump family’s business ties to World Liberty Financial. Critics, including Rep. Maxine Waters and Rep. Gerald Connolly, have previously accused the Trump camp of leveraging crypto ventures for personal gain.
While an internal audit of the government’s Bitcoin holdings was mandated by Trump’s March executive order, Hines did not confirm whether the audit has been completed.
Recently we wrote, that Robert Kiyosaki, author of the bestselling personal finance book Rich Dad Poor Dad, has issued a renewed warning about what he sees as a systemic unraveling of the global financial system.
