EddieJayonCrypto
15 Apr 25
The Trump administration is considering using revenues from its recent tariffs to fund the U.S. Strategic Bitcoin Reserve without taxpayer money. Bo Hines, executive director of the Presidential Council of Advisers on Digital Assets, stated they are exploring budget-neutral methods to acquire more B...
The Trump administration is considering using revenues from recent tariffs to fund the U.S. Strategic Bitcoin Reserve without tapping into taxpayer money.Bo Hines, executive director of the Presidential Council of Advisers on Digital Assets, revealed they are exploring budget-neutral avenues to increase Bitcoin holdings. Following an executive order establishing the reserve, federal agencies were mandated to report all Bitcoin holdings to the Treasury Secretary, with a 180-day review of acquisition recommendations currently underway.Senator Cynthia Lummis's Bitcoin Act of 2025 proposes revaluing Treasury gold certificates from a historical $43 per ounce to over $3,000 per ounce, potentially unlocking billions to purchase Bitcoin without needing congressional approval.Treasury Secretary Besson, Commerce Secretary Lutnick, and other officials collaborate within an inter-agency digital assets working group to develop strategies positioning the U.S. as a global leader in Bitcoin.The administration’s extensive tariffs, part of the "America First" trade policy, have unsettled global markets but could prove instrumental in funding the Strategic Bitcoin Reserve. Currently, the U.S. stash stands at approximately 192,012 BTC.Hines emphasized ongoing efforts to review federal agency reports and produce a comprehensive acquisition strategy, aiming to make the U.S. the "Bitcoin superpower of the globe" through creative and budget-neutral approaches.