The White House has reaffirmed its intent to build a national Bitcoin reserve, according to comments from a top crypto advisor to President Donald Trump. Despite only receiving a brief mention in a recent digital assets policy document, the administration remains committed to accumulating Bitcoin as part of its broader financial strategy.
Robert “Bo” Hines, who leads the U.S. President’s Council of Advisers on Digital Assets, reiterated this stance during an appearance on Crypto in America on Wednesday. “We believe strongly in accumulation,” Hines stated when asked about the government’s reserve of Bitcoin.
“We’ve already established it,” Hines confirmed, referring to the Strategic Bitcoin Reserve. He also mentioned the formation of a national stockpile of digital assets, noting that Bitcoin stands apart as a unique and widely acknowledged asset. “It’s in a class of its own.”
While Hines acknowledged innovation occurring across other blockchain platforms, he didn’t name any specific tokens or ecosystems, keeping the focus squarely on Bitcoin.
He emphasized that building out the necessary infrastructure to support these initiatives takes time and must be handled with care to ensure lasting impact. “There are countless strategies for accumulation,” Hines said. “People are going to be pleased with the direction we’re headed — and it’s something we plan to act on very soon.”
Reserve Mentioned in White House Report
The mention of a Bitcoin reserve appeared briefly in the latest release from the President’s Working Group on Digital Asset Markets. The report, which offers policy recommendations for boosting U.S. dominance in digital finance, largely focused on establishing a transparent regulatory framework for cryptocurrencies.
Still, Hines assured that the reserve remains a central component of the administration’s goals. “We recognize the value of Bitcoin, and we deeply appreciate the Bitcoin community,” he said. “We want to deliver for them, and we will.”
U.S. Wants to Expand Bitcoin Holdings
Asked about the amount of Bitcoin currently held by the government, Hines declined to provide specific figures. “There are multiple reasons we’re not releasing those details at this moment,” he said. “But I can tell you this — we want as much Bitcoin as possible, and we’re actively working on that.”
According to blockchain analytics firm Nansen, the U.S. government is estimated to control around 198,000 BTC, valued at roughly $2.35 billion.
The Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile were formally authorized through an executive order signed by President Trump in March.
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