White House Reaffirms Commitment to Strategic Bitcoin Reserve, Says Digital Assets Chief
U.S. Government Still Committed to Bitcoin Stockpile, Says Bo Hines
The White House is reaffirming its dedication to building a strategic Bitcoin (BTC) reserve, according to Bo Hines, executive director of the President’s Council of Advisers on Digital Assets. Despite the omission of this initiative in a newly released federal report, Hines made clear that the plan is very much alive.
“We believe in accumulation,” Hines said during an interview on Crypto in America, referring to both Bitcoin and the broader U.S. digital asset stockpile. “It’s been established... Bitcoin is in a class of its own, and everyone recognizes that.”
Infrastructure First: Bitcoin Reserve Requires Strategic Planning
Hines emphasized that the process of building a long-term, resilient Bitcoin reserve is complex and deliberate.
“Infrastructure matters,” he noted. “There are countless ways we can accumulate [Bitcoin], but we want to do it right — and we will begin moving on that in short order.”
He declined to disclose how much Bitcoin the U.S. currently holds, citing “several reasons,” but added:
“We want as much BTC as we can possibly get.”
According to estimates from Nansen, the U.S. government already holds around 198,000 BTC, valued at approximately $2.35 billion at current market prices.
Bo Hines talks about strategic Bitcoin reserves. Source: Crypto in America
Related: U.S. Government Urges Supreme Court to Reject Coinbase User’s Crypto Records Challenge
Bitcoin Reserve Missing from Official Digital Asset Report
Earlier this week, the President’s Working Group on Digital Asset Markets published a new report with recommendations for strengthening America’s leadership in financial technology. Notably, it made no reference to the Strategic Bitcoin Reserve.
Hines responded by saying the administration's current focus is on developing a clear regulatory framework — but assured that Bitcoin remains a high priority.
“We’re enormous fans of Bitcoin and the Bitcoin community. We understand the importance of the reserve and we’re going to deliver.”
Trump’s Executive Order Laid the Foundation
President Trump signed an executive order in March to formally establish both the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile. The move was widely seen as a landmark shift in how the federal government engages with cryptocurrency — signaling a more aggressive, accumulation-focused stance.
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