The Trump administration is looking at several strategies to acquire more Bitcoin for the US government’s strategic crypto reserve

The Trump administration is looking at several strategies to acquire more Bitcoin for the US government’s strategic crypto reserve, including using funds

The Trump administration is looking at several strategies to acquire more Bitcoin for the US government’s strategic crypto reserve, according to senior White House officials.

One proposal being considered is to use funds generated from import tariffs and revalued gold certificates to facilitate the BTC purchases, officials disclosed in separate interviews this week.

The administration is actively weighing ways to increase its Bitcoin holdings, with no options off the table, Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets, said Monday in a podcast interview.

Speaking to crypto influencer Anthony Pompliano, Hines praised Senator Cynthia Lummis’ reintroduced Bitcoin Act of 2025 and suggested revaluing the Treasury’s gold certificates could add substantial funds for BTC purchases.

"We currently value many of our gold certificates at around $43 an ounce, which is drastically lower than the market price," Hines said.

"If we revalued those certificates at current gold prices, about $3,100 an ounce, it would generate a massive surplus of untapped capital."

Hines mentioned that the surplus generated through this revaluation could be used to acquire additional Bitcoin for the US Strategic Bitcoin Reserve alongside the collection of tariffs.

"That’s just one idea. But we’ll consider every possibility, including tariff revenue. We want to maximize every legal and fiscal lever in order to expand the country’s crypto holdings. We want as much as we can get."

Senator Lummis included provisions in her legislation that would see the American government accumulate up to 1 million Bitcoins, around 5% of the total supply, over the next five years.

"It’s an interesting idea that Senator Lummis has put forth with her new bill to have the Treasury gradually acquire Bitcoin over a five-year period, tying the amount to the maximal inflation rate of 5%," said Hines, referring to the updated version of Lummis’ Bitcoin Act.

"The success of her bill would depend on how many co-sponsors she can rally and how effectively she can garner bipartisan support for the legislation."

When asked how the administration could, in practice, purchase more Bitcoin, given the usual budgetary constraints, Hines suggested an unconventional approach.

"If we realize the gains on the US gold holdings, which are currently valued at $43 an ounce despite the market price being around $3,100, we’d be looking at a budgetary surplus of about $900 billion over the next five years," he explained.

"And that would be a budget-neutral way to acquire more Bitcoin."

When Pompliano asked him about POTUS Trump’s relationship with Bitcoin, Hines responded:

“I think he’s made it very clear that he loves Bitcoin. He’s made it very clear that he loves digital assets and the innovation in this space, and so for us, you know, our goal is to deliver on his wishes to make the United States the crypto capital of the planet.”

~ Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets

Since being appointed executive director of the White House’s crypto advisory council, Hines has held several meetings in the administration’s capacity to bridge ideas that would suit Trump’s digital asset policy.

His calendar, obtained by news sources through a Freedom of Information Act request, shows over 50 meetings with industry stakeholders during his first 30 days in office.

Those meetings have included major players such as Andreessen Horowitz's Chris Dixon and Marc Andreessen, Ripple CEO Brad Garlinghouse, and Bank of New York Mellon's digital assets chief Caroline Butler. The gatherings have occurred in several settings, from Zoom calls and D.C. cafes to the White House and the historic Old Ebbitt Grill.

“I want to meet with everyone in this space, big players, small players,” said Hines during a recent sit-down at the Israeli-American cafe Tatte, just blocks from the White House. “I want to hear ideas from everyone.”

Hines was not asked to address any queries surrounding potential conflicts of interest related to President Trump and his family’s involvement in the crypto sector. These concerns include the controversial TRUMP memecoin and business ventures with World Liberty Financial.

Several Democratic lawmakers have made the TRUMP token a point in their conflict of interest argument. In a statement last month, Rep. Gerald Connolly called the coin a "money grab" that netted Trump-affiliated entities more than $100 million in trading fees.

Similarly, Rep. Maxine Waters bashed the coin’s launch on January 20, alleging it was a "rug pull" and labeling it an example of the "worst of crypto."

David Sacks coined the Trump Solana-based memecoin as a "collectible" and denied any policy connection to Trump's official crypto strategy.

Another unresolved issue involves the administration's internal audit of U.S. Bitcoin holdings. Under President