- Bo Hines confirmed the U.S. is considering using gains from its gold holdings to fund national Bitcoin purchases under new proposals.
- The Bitcoin Act of 2025 outlines a five-year plan to buy 1 million BTC using Federal Reserve gold certificate sales as funding.
- President Trump supports Bitcoin adoption, aiming to position the U.S. as a global crypto leader and boost national digital asset holdings.
A White House senior official noted that there’s a possibility that the United States can utilize an increase in its gold reserves to buy Bitcoin. The technique could provide a cost-neutral means to advance the country’s holdings of Bitcoin.
U.S. Officials Explore Gold-to-Bitcoin Strategy
Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, shared in an interview that the government is exploring various methods to expand its Bitcoin reserves. Among these, Hines noted that realizing gains on U.S. gold reserves may offer a practical path.
“If we actually realize the gains on the U.S. gold holdings, that would be a budget-neutral way to acquire more Bitcoin,” Hines said. This approach would allow the government to increase its digital asset portfolio without expanding the federal budget.
This approach is compatible with congressional developments being considered, most notably, the 2025 Bitcoin Act, which recommends a five-year Bitcoin purchasing program. According to this act, the U.S. would look to hold 1 million Bitcoin, equal to around 5% of all available Bitcoin.
Bitcoin Act of 2025 Gains Momentum
Senator Cynthia Lummis (R-Wyo.) proposed The Bitcoin Act of 2025, which details a means of paying for Bitcoin purchases utilizing Federal Reserve gold certificates sold to generate funds. The bill is considered to be a long-term solution to bolster the country’s presence within the international digital asset world.
Hines highlighted how receptive the administration is to different concepts, stating that the “best idea” will be adopted under President Donald Trump’s presidency. He underscored how this action will be a move towards investing precious assets for the American people.
President Trump’s Pledge to Elevate U.S. in Bitcoin Market
During a previously recorded address, President Trump reconfirmed his administration’s intent to make America a leader within the world of Bitcoin. He expressed his endorsement of policies that promote digital asset building, not regulation that constrains growth.
“It’s high time that our president started accumulating assets for the American people,” Hines added. The remark correlates with the administration’s wider perspective of Bitcoin as an asset of national strategic importance.
In spite of economic instability at the moment, this move by the government has brought new optimism to the digital currency industry. If implemented, this program could be an important development for how the federal government acquires Bitcoin and is involved with cryptocurrency generally.
