Trump Admin Explores Tariff Revenue to Fund U.S. Strategic Bitcoin Reserve of 192,012 BTC

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Updated Apr 15, 2025, 01:16 PM

The Trump administration is exploring the use of tariff revenue to fund the acquisition of Bitcoin for the U.S. Strategic Bitcoin Reserve, according to Bo Hines, the Executive Director of the Presidential Council of Advisers on Digital Assets. This approach aims to increase the country's Bitcoin holdings without using taxpayer money. Hines mentioned that the administration is considering multiple 'budget-neutral' strategies to acquire more Bitcoin, including the potential revaluation of Treasury gold certificates from their outdated valuation of approximately $43 per ounce to reflect current market prices exceeding $3,000 per ounce. The current U.S. Bitcoin reserve stands at 192,012 BTC, as reported by Arkham. The exploration of these strategies follows President Trump's executive order in March establishing the Strategic Bitcoin Reserve. The administration is also working on a framework for digital assets to promote U.S. innovation in the cryptocurrency sector and position the country as a global leader in this field. This effort is supported by key figures such as Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, and aligns with the Bitcoin Act of 2025 proposed by Senator Cynthia Lummis.

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