The U.S. government is exploring unconventional strategies to expand its Bitcoin reserves without resorting to taxpayer money, according to Bo Hines, executive director of the Trump administration’s Presidential Council of Advisers for Digital Assets.
In an interview with investor Anthony Pompliano on April 14, Hines outlined several proposals currently under consideration, including diverting tariff revenues and revaluing Treasury gold certificates to finance BTC purchases.
One key proposal is to adjust the valuation of the government’s gold certificates, currently at $43 per ounce, to today’s market value of over $3,200 per ounce. This would create a paper surplus without having to sell gold, Hines said. “We want as much Bitcoin as possible, so we’re going to make sure no stone is left unturned,” he said.
The Bitcoin reserve, first announced in an executive order by President Donald Trump in March, will initially consist of seized crypto assets from federal cases. However, the administration’s overall goal is to develop “budget-neutral” methods to continue growing the reserve over time.
Digital Asset Framework and Broader Crypto Strategy in the Works
Hines also confirmed that the White House is developing a comprehensive digital asset policy framework, which is expected to be released in late July or August. The report will provide guidance on a range of crypto topics, from tokenization and staking to stablecoin adoption and regulatory clarity.
“We’re moving at tech speed,” Hines said of the administration’s approach, adding that efforts are focused on making the US “the crypto capital of the world.”
Notably, the interview did not address questions about potential conflicts of interest related to the Trump memecoin or the Trump family’s business ties to World Liberty Financial. Critics, including Representatives Maxine Waters and Gerald Connolly, have previously accused the Trump camp of using crypto companies for personal gain.
While an internal audit of the government’s Bitcoin holdings was ordered by Trump’s March executive order, Hines did not confirm whether the audit had been completed.
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