Senior advisors in the White House are delving into innovative strategies for the US government to acquire Bitcoin without imposing additional financial burdens on taxpayers or disrupting the federal budget. This initiative is led by Bo Hines, the Executive Director of the President’s Council of Advisers on Digital Assets.
During a recent conversation with investor Anthony Pompliano at the White House, Hines revealed that the administration is evaluating a range of creative financing solutions. Among the strategies being considered are leveraging tariff revenue and reassessing the value of gold reserves maintained by the government.
Hines emphasized the necessity for any plans to be “budget neutral,” conveying optimism that workable strategies can be identified to facilitate Bitcoin accumulation.
JUST IN: President Trump’s Executive Director Bo Hines said the US may buy #Bitcoin using revenue from tariffs. pic.twitter.com/JxnYeFx170
— Bitcoin Magazine (@BitcoinMagazine) April 15, 2025
Treasury Assets May Be Revalued for Digital Reserves
According to Hines, the administration is benefiting from the expertise of numerous highly skilled individuals tasked with exploring these avenues. He noted that interagency discussions are underway, particularly involving the Department of Commerce and the Treasury, facilitated by a dedicated working group.
A key proposal gathering momentum involves the Bitcoin Act of 2025, championed by Senator Cynthia Lummis. The legislation aims to update the valuations of aged gold certificates held by the US Treasury, which are currently valued at around $43 per ounce, in stark contrast to gold’s market price exceeding $3,216. Adjusting these valuations could potentially free up billions of dollars, which could then be redirected into Bitcoin as part of the nation’s strategic asset reserves.
While Hines noted the proposal’s progression through Congress, he expressed hopefulness regarding its sponsorship, stating, “we’ll see how many co-sponsors she can get.” He clarified, however, that the administration is not constrained to a singular approach.
Hines: Tariff Revenue May Offer External Path to Build Bitcoin Holdings
The ongoing rise of tariffs, particularly in light of escalating tensions between the US and China and a recent shift towards protectionist measures, is also being considered as a revenue source. Hines remarked that revenue generated from future tariffs could provide an opportunity for the government to build Bitcoin holdings without adversely affecting existing federal assets.
“There’s literally countless ways in which you can do this,” Hines stated, suggesting an expansive approach being adopted across federal entities. “Everything’s on the table. We want as much as we can get.”
This strategy is reflective of a broader vision articulated by Hines, who previously spoke at the Blockworks Digital Asset Summit 2025, emphasizing Bitcoin’s status as a commodity with intrinsic value that should be recognized as a strategic asset. He added that establishing national reserves in digital currencies is crucial for the future of the United States.
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