- The Trump administration confirms plans to acquire as much Bitcoin as they can get.
- The White House aims to grow BTC reserves without burdening taxpayers or the budget.
- U.S. may revalue old Treasury gold certificates to fund potential Bitcoin purchases.
The Trump administration has announced that it is considering using tariff revenue to purchase Bitcoin. This is a part of a broader strategy to position the United States as a leader in the crypto space. Bo Hines, a director on Trump’s digital asset advisory board, confirmed the plan.
He stated that the administration is exploring budget-neutral methods that would not rely on taxpayer funding. “We’re exploring creative solutions that don’t cost the American people a dime,” Hines stated in a recent interview with Anthony Pompliano. This approach aligns with President Trump’s previous commitments to avoid using taxpayer funds while still advancing his vision of making the United States a global cryptocurrency hub.
Among the funding strategies being considered, tariff revenue appears to be a primary source for Bitcoin acquisitions. The administration is also examining other approaches like revaluing outdated gold certificates held by the Treasury. These certificates, currently valued at just $42.22 per ounce, could be marked up to gold’s market price.
“There are countless ways we can do this — everything’s on the table,” Hines added. He suggested strong collaboration across government departments, including Commerce and Treasury. The administration appears committed to developing a comprehensive framework for Bitcoin adoption with input from “high IQ teams and interagency groups.”
The initiative resonates with the Bitcoin Reserve Act of 2025 proposed by U.S. Senator Cynthia Lummis. This suggests investing federal funds, such as gold reserves, into Bitcoin. While this bill is still under discussion in Congress, it shows growing momentum for incorporating Bitcoin into national reserve strategies.
Reshaping Market Dynamics With Crypto
The market implications of such a move could be substantial. Government Bitcoin purchases could boost market confidence. This, in turn, may attract both retail and institutional investors. This could also help to boost the price of BTC in the long run. As of press time, Bitcoin is trading at $85,926 with a growth of 1.92% over the last 24 hours and has witnessed a surge of 28.70% growth in the last 20 days.
If the government accumulates BTC, it would strengthen its use case and improve scarcity. Additionally, buying Bitcoin could serve as a hedge against dollar depreciation. This could provide the U.S. government with a digital store of value alongside its traditional gold reserves.
Related: Bitcoin Emerges as ‘Safe’ Asset Thanks to Trump Tariffs and Recession Fears
The administration’s strategy appears focused on building Bitcoin reserves while handling several complexities. “Until the final decision is made, the strategy is simple: acquire as much Bitcoin as possible through legal and free means,” noted Hines.
If implemented, the United States would join a small but growing list of nations exploring or already holding Bitcoin as part of their national reserves, like El Salvador. Garnering global attention in 2021, it was the first country to adopt Bitcoin as legal currency and establish national holdings.
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