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Home»Reddit»Tariffs May Help Fund US Bitcoin Reserve Buildup Says White House Advisor Bo Hines
Reddit

Tariffs May Help Fund US Bitcoin Reserve Buildup Says White House Advisor Bo Hines

April 16, 2025No Comments
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Tariffs may help fund us bitcoin reserve buildup says white
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The White House is exploring "budget-neutral" options to acquire more Bitcoin for the US Strategic Bitcoin Reserve. Bo Hines, executive director of the Presidential Council of Advisers on Digital Assets, suggests using revenues from tariffs imposed by the Trump administration as one possible solution. This approach could potentially fund the acquisition of Bitcoin without requiring taxpayer money.

Key Points:

  • The US Strategic Bitcoin Reserve currently holds 192,012 BTC.
  • A presidential directive requires federal agencies to disclose their Bitcoin and digital asset holdings to the Treasury Secretary by a 180-day deadline.
  • The White House is considering various options, including using tariff revenues and revaluing Treasury gold certificates, to acquire more Bitcoin.
  • The administration aims to make the US the "Bitcoin superpower of the globe" through an inter-agency digital assets working group.



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