The extensive tariffs imposed by the Trump administration, which have unsettled global markets recently, may prove vital in financing the U.S. Strategic Bitcoin Reserve without relying on taxpayer funding.
As the extensive tariffs have sent shockwaves through crypto markets amid the Trump administration’s “America First” trade approach, a prominent White House advisor believes that the resulting revenues could help expand the nation’s Bitcoin reserves.
Bo Hines, the executive director of the Presidential Council of Advisers on Digital Assets, stated in a White House interview with Professional Capital Management’s Anthony Pompliano that the Trump administration is weighing multiple “budget-neutral” strategies to increase its Bitcoin holdings.
“We’re exploring various inventive methods, whether they stem from tariffs or other avenues,” Hines remarked.
His proposals come in the wake of President Donald Trump signing an executive order that paved the way for the establishment of the Strategic Bitcoin Reserve last month. According to Arkham’s data, the current U.S. stash stands at 192,012 BTC.
In the aftermath of Trump’s executive action, a separate document was shared from the Federal Register outlining a presidential directive that mandates federal agencies to report all Bitcoin and digital asset holdings to the Treasury Secretary. The deadline for this order was last Saturday.
Hines noted that there is a “180-day milestone approaching,” as federal agencies examine recommendations for acquiring more Bitcoin. “We will thoroughly review all the reports and create a comprehensive document,” Hines stated.
In addition to the “innovative” approach of utilizing tariff revenues for Bitcoin purchases, Hines referenced Senator Cynthia Lummis’s Bitcoin Act of 2025, which seeks to update the valuation of Treasury gold certificates from their outdated figure of around $43 per ounce to mirror current market prices exceeding $3,000 per ounce.
Such an amendment could unlock billions in value for Bitcoin acquisitions without the need for congressional appropriations.
Treasury Secretary Besson and Commerce Secretary Lutnick, along with “many esteemed participants,” are collaborating through an inter-agency digital assets working group to devise acquisition strategies that align with the administration’s objective of positioning the U.S. as the global “Bitcoin superpower,” according to Hines.
“We’ll join forces and refine some of these concepts to arrive at the most effective solution,” he concluded.
Edited by Sebastian Sinclair
Daily Debrief Newsletter
Kick off each day with the latest top news stories, along with original features, podcasts, videos, and more.
