The Trump administration is developing new methods to augment its strategic bitcoin reserve without adding to the federal budget.
Strategic Bitcoin Reserve
Bo Hines, the head of the President’s Council of Advisers on Digital Assets, shared that the White House team is exploring creative approaches to increasing bitcoin reserves. One popular idea is using gains from gold certificates currently undervalued compared to the current price of gold.
Senator Lummis' Proposal
Hines highlighted Senator Cynthia Lummis’ 'BITCOIN Act of 2025,' which proposes adjusting the value of gold certificates held by the Federal Reserve. These changes could serve as a funding source for buying bitcoin without additional taxpayer burden.
Regulation of Digital Assets
Hines emphasized that bitcoin is unique and should be treated differently from other digital assets. The administration is working on bipartisan legislation to regulate digital assets, including passing a stablecoin bill and a broader crypto market structure bill by the end of the year.
The Trump administration is actively working to increase its strategic bitcoin reserve while exploring budget-neutral solutions like using gold certificates and drafting legislation to regulate digital assets.
