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US has ‘countless’ ways to bolster Bitcoin reserve: Bo Hines

cryptoweekly by cryptoweekly
April 15, 2025
in bitcoin, News
0

The US is exploring every option to fund America’s Strategic Bitcoin Reserve, according to White House crypto council executive director Bo Hines.

The US is exploring many ways to increase its Bitcoin reserve without taxpayer dollars, including through tariff revenue and revaluing the government’s gold certificates, according to the executive director of the Trump administration’s crypto council.

“We’re looking at many creative ways, whether it be from tariffs, there’s literally countless ways in which you can do this,” Bo Hines of the Presidential Council of Advisers for Digital Assets said in a recent interview with Professional Capital Management CEO Anthony Pompliano.

Hines said the Treasury could revalue its gold certificates, valued at $43 per ounce, to the current market price of $3,200 per ounce, creating a paper surplus to fund Bitcoin purchases without selling gold.

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Recent Posts
  • Circle applies for US trust bank charter to manage its USDC reserve
  • SOL price rallies to $161 after ETF news, but is the rally sustainable?
  • ETH trading pattern points to 100% rally to $5,000: What are the odds?
  • Bitcoin holds steady as major catalysts align for breakout above $110K
  • Spanish authorities arrest five people in $541M crypto fraud case
  • US Supreme Court will not review IRS case involving Coinbase user data
  • Bitcoin ‘demand generation’ phase mirrors 2022 market bottom: Are new highs incoming?

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