Bo Hines, the crypto advisor to U.S. President Donald Trump, has confirmed that plans for a strategic Bitcoin reserve remain active — despite the lack of new details in a recently released policy report.
Robert “Bo” Hines, Executive Director of the Presidential Council on Digital Assets, stated in a Wednesday appearance on Crypto in America that the U.S. still maintains its strategic Bitcoin reserve.
“We believe in accumulation. We have it, it’s already been established… We also have a national strategic digital asset stockpile,” said Hines.
He emphasized that Bitcoin is “in a class of its own” — a statement that reflects a growing consensus among U.S. policymakers. While Hines acknowledged the broader crypto ecosystem, he refrained from mentioning any other digital assets or platforms.
According to Hines, building the necessary infrastructure takes time and effort, stressing that long-term success depends on doing it the right way. He noted that there are “countless ways” to accumulate digital assets.
“People will be pleased with the direction we’re heading,” he added. “We’ll begin taking action in short order.”
Strategic Bitcoin Reserve Briefly Mentioned in Reports
The President’s Working Group on Digital Asset Markets released a report Wednesday aimed at “strengthening American leadership in digital financial technology.” However, the Strategic Bitcoin Reserve was mentioned only briefly.
Hines explained that the main priorities outlined in the report were focused on developing a clear and robust regulatory framework.
“We understand the importance of the strategic Bitcoin reserve. We are huge fans of Bitcoin and the Bitcoin community. We want to deliver for them, and I’m confident we will,” said Hines.
“We Want as Much BTC as Possible”
When asked how much Bitcoin the federal government currently holds, Hines declined to provide a specific figure.
“There are a few reasons we can’t disclose that at the moment. Maybe in the future. But what I can say is this: We want as much BTC as we can possibly get — and we’re going to keep working on that.”
According to analytics firm Nansen, the U.S. government holds approximately 198,000 BTC, valued at around $2.35 billion at current market prices.
President Trump officially established the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile in March by signing an executive order.
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