ᴋʟᴀᵾs @tinyklaus.com
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The tech billionaires are looting America to build their network states, and
nobody is talking about it.
Trump’s insanity is the distraction.
This is why they invested in his campaign.
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White House Says Gold Reserves May Be Used to Purchase Bitcoin
by Bibhu Pattnaik Benzinga Staff Writer
US contemplates boosting Bitcoin reserves, eyeing gold sale for crypto
acquisition.
Trump's endorsement fuels confidence amidst plans to transform the US into a
crypto hub.
How to Spot the Market Bottom: Matt Maley has navigated every major market
turn in the last 35 years, and on Wednesday, March 26, at 6 PM ET, he’s
revealing how to recognize when the worst is over, the trades to make before
the next bull market takes off, and the stocks and sectors that will lead the
recovery.
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A senior White House official has hinted at the possibility of the U.S. utilizing its
gold reserves to acquire more Bitcoin
BTC/USD
+ Free Alerts
.
What Happened: Bo Hines, the executive director of the President’s Council of
Advisers on Digital Assets, suggested in an interview that the U.S. could
capitalize on the gains from its gold holdings to purchase more Bitcoin.
This move, according to Hines, could be a budget-neutral way to increase the
country’s Bitcoin reserves.
Hines referenced the Bitcoin Act of 2025, proposed by Sen. Cynthia Lummis
(R-Wyo.), which advocates for the US to acquire 1 million Bitcoin, approximately
5% of the total Bitcoin supply, over a span of five years. This acquisition would
be funded through the sale of Federal Reserve gold certificates.
Eleanor Terrett
Eleanor Terrett
@EleanorTerrett
·
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Executive Director of the @WhiteHouse crypto working group @BoHines talks
$BTC, ways to buy more of it and the thinking behind including $ETH, $XRP,
$ADA and $SOL in the separate stockpile.
Bitcoin Magazine
Bitcoin Magazine
@BitcoinMagazine
JUST IN: 🇺🇸 President Trump's Executive Director says, “There’s been
countless ideas” to buy #Bitcoin
“The best ideas” will be enacted 🙌
"If we actually realize the gains on the U.S. gold holdings, that would be a
budget-neutral way to acquire more bitcoin," Hines said adding that there's
been "countless ideas" and the “best ideas" will be enacted by President
Donald Trump.
Also Read: Trump’s Tariffs Blamed for $1 Trillion Crypto Market Crash — Is
‘Crypto President’ Era Over Already?
Exploring Current Volatility and Market Trends: Insights...
President Trump, in a pre-recorded message, expressed his commitment to
making the US the leading Bitcoin superpower and the global hub for
cryptocurrency.
"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 added.
Despite recent market stagnation due to macroeconomic factors, Trump’s
pledge has instilled confidence in the market.
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By JE Insights
Why It Matters: The potential use of US gold reserves to purchase Bitcoin
signifies a major shift in the country’s approach to digital assets.
The Bitcoin Act of 2025, if passed, could significantly increase the US’s stake in
the global Bitcoin market. This move, coupled with President Trump’s
commitment to crypto, could position the US as a leading player in the global
crypto market, potentially influencing Bitcoin’s price and market dynamics.
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