The Trump administration is reportedly planning to buy Bitcoin using tariff revenue — a move that could reshape the U.S. approach to digital assets. Bo Hines, a key figure in the administration, confirmed their intent to acquire “as much Bitcoin as we can get” without burdening taxpayers.
Speaking about the plan, Hines emphasized the focus on budget-neutral methods. “We’re exploring creative solutions that don’t cost the American people a dime,” he said.
One such idea includes revaluing outdated gold certificates held by the Treasury. Currently valued at just $42.22 per ounce, these could be marked up to gold’s market price, unlocking billions in unrealized value.
It is in line with the Bitcoin Reserve Act of 2025 proposed by US Senator Cynthia Lummis, who suggested investing federal funds, such as gold, into Bitcoin. Although the bill is still in the process of being discussed in the Capitol, it indicates a gradual increase in the use of Bitcoin in national reserves.
Hines also mentioned tapping external revenue sources like tariffs to fund Bitcoin purchases. “There are countless ways we can do this — everything’s on the table,” he added, hinting at strong collaboration across departments like Commerce and Treasury.
The administration seems set on making the United States the global Bitcoin hub by inviting high-IQ teams and interagency groups to create the best framework. Until the final decision is made, the strategy is simple: acquire as much Bitcoin as possible through legal and free means.
This could be the first time that America will be seeing and perceiving Bitcoin in a different light if the plan pushes through.
Also Read: US Gov’t May Use Gold Gains to Buy Bitcoin, Says Bo Hines