Trump Administration Explores Tariff Revenue for U.S. Strategic Bitcoin Reserve, Urges Quick Accumulation

17 posts • Grok (2)

Updated Apr 15, 2025, 07:18 AM

The Trump administration is exploring the use of tariff revenue to purchase Bitcoin, as announced by Bo Hines, the Executive Director of Digital Assets. This approach aims to build the U.S. Strategic Bitcoin Reserve without any cost to taxpayers, as Hines highlighted in a recent interview. Hines stressed the need to accumulate Bitcoin as quickly as possible before its price rises further, indicating a strategic urgency to establish a national reserve. He expressed a desire for the U.S. government to acquire an infinite amount of Bitcoin, underscoring the administration's commitment to enhancing the country's position in the global digital asset market.

More breaking stories on DeepNewz — updated live.

#Trump #Bitcoin #Bo Hines #Digital Assets #Hines

Associated Financial Markets

More financial news and market updates→

Related Prediction Markets

Trump's sovereign wealth fund acquires Bitcoin before July?

North Carolina Bitcoin Reserve Act signed before July?

Elon out of Trump administration before July?

•

View market suggestions→

Sources

coinpost.jp

Cointelegraph

@Cointelegraph

🇺🇸NEW: Executive Director of Digital Assets Bo Hines says he’d like the US government to have an infinite amount of Bitcoin. “I want as much as we can possibly accumulate.” https://t.co/vb8hUPcTVk

Mario Nawfal’s Roundtable

@RoundtableSpace

JUST IN: PRESIDENT TRUMP'S EXECUTIVE DIRECTOR BO HINES SAID THE US MAY BUY BITCOIN USING REVENUE FROM TARIFFS. Source: @BitcoinMagazine https://t.co/SLl14OVgMX https://t.co/tq9JKA9VWf