- The U.S. explores tariff revenue and gold revaluation to grow a Bitcoin reserve without using taxpayer funds, says Bo Hines.
- Initial Bitcoin reserve will include crypto assets seized in criminal cases, with plans for expansion through creative, budget-neutral strategies.
- The administration prepares a digital asset framework to support crypto innovation, including stablecoins, staking, and tokenization policy.
The United States may begin accumulating Bitcoin using non-taxpayer funds, including tariff revenue and revalued gold certificates, as part of a broader effort to establish a Strategic Bitcoin Reserve, according to statements made by a key official.
Tariff Revenue May Fund Bitcoin Acquisitions
Bo Hines, Executive Director of Digital Assets for the Trump administration’s crypto council, revealed the proposal during an interview with Anthony Pompliano. Hines noted that the government is actively assessing various budget-neutral methods to grow its Bitcoin reserve.
According to Hines, one possible strategy involves using revenue from tariffs. “We’re looking at many creative ways, whether it be from tariffs… there’s literally countless ways,” he stated. The goal is to purchase Bitcoin without relying on taxpayer dollars while maximizing strategic reserves.
The Strategic Bitcoin Reserve will initially consist of digital assets seized in government criminal proceedings. However, the administration plans to expand the reserve through alternative funding approaches that avoid direct budget allocations.
Gold Certificate Revaluation Offers Additional Funding Path
In addition to tariffs, Hines pointed to another possible funding source: revaluing the Treasury’s gold certificates. These certificates are currently valued at $43 per ounce but could be marked to market at $3,200 per ounce. The paper surplus generated from this adjustment would potentially provide further resources for Bitcoin acquisitions without requiring the sale of gold.
“Everything is on the table,” Hines said. “We want as much as we can get, so we’re going to make sure that no stone is unturned.”
This initiative reflects a broader vision within the administration to enhance the United States’ digital asset holdings as part of a long-term strategy.
National Digital Asset Framework Underway
During the same interview, Hines shared that the White House is finalizing a national framework for digital assets. The document will outline plans to support crypto innovation and strengthen the role of U.S. dollar-backed stablecoins globally.
“It’ll provide clarity on many aspects of this space,” Hines said. Topics expected to be covered include staking, tokenization, and broader regulatory guidance. The report is expected to be released in late July or August.
Hines emphasized the pace of development, describing the current process as “moving at tech speed” with continued rapid progress ahead.
