Trump Administration Eyes Massive Bitcoin Accumulation, Says Executive Director

Bitcoin Magazine Trump Administration Eyes Massive Bitcoin Accumulation, Says Executive Director At the Digital Assets Summit in New York, President Trump's Executive Director on Digital Assets, Bo Hines, made a bold declaration: the United States wants "as much [Bitcoin] as we can get." This post Trump Administration Eyes Massive Bitcoin Accumulation, Says Executive Director first appeared on Bitcoin Magazine and is written by Nik.

Mar 18, 2025 - 19:09
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Trump Administration Eyes Massive Bitcoin Accumulation, Says Executive Director

Bitcoin Magazine

Trump Administration Eyes Massive Bitcoin Accumulation, Says Executive Director

The Trump administration is doubling down on its Bitcoin strategy, with top officials emphasizing their commitment to growing the U.S. government’s BTC holdings. Speaking at the Digital Assets Summit today in New York, Bo Hines, Executive Director on Digital Assets for President Trump, made it clear that the United States is determined to accumulate Bitcoin at an unprecedented scale.

“I think it’s high time that our President started accumulating assets for the American people, which is what President Trump is doing rather than taking it away,” Hines stated. He went on to reveal that at President Trump’s first-ever digital assets summit at the White House, discussions centered around “ways of acquiring more Bitcoin in budget-neutral ways.”

Hines drew a direct comparison between Bitcoin and gold when asked how much BTC the government intends to hold. “You know, I’ve been asked all the time, it’s like how much do you want? Well, that’s like asking a country how much gold do you want – as much as we can get.”