U.S. Aims to Strengthen Bitcoin Reserves Under Trump’s Leadership
Bo Hines, the executive director of Trump’s presidential council on digital assets, has backed the White House’s stance on Bitcoin. The U.S. President,Donald Trump,has signed two Executive Orders as taking office. these orders aim to create a digital asset regulatory framework and establish the nation’s first Bitcoin reserve.
The Executive Order issued on March 6 authorized an audit of the U.S.’s current Bitcoin holdings, estimated at around 200,000 tokens.It also discussed using “budget neutral” strategies to buy more Bitcoin, easing concerns about the national deficit.
Hines reiterated this plan at a Blockworks event in New York on March 18. He emphasized the importance of retaining and building on the U.S.’s digital gold reserves. Bitcoin is frequently enough called digital gold due to its store of value trait.
Hines also confirmed that the Trump administration is actively exploring ways to acquire more bitcoin. “We want as much as we can get,” he said, comparing it to a country’s desire for gold.
The U.S. is currently the world’s largest nation-state Bitcoin holder. However, this position may change due to a Department of Justice filing. If a judge approves the motion to return about 95,000 BTC stolen from Bitfinex in 2026, the U.S. would fall behind China in Bitcoin wealth.
For now, the U.S. remains committed to strengthening its Bitcoin reserves in a budget-neutral way. This move aligns with Trump’s campaign promises to the crypto voting block.
