Donald Trump's cryptocurrency advisor stated, in response to a question, how much Bitcoin they will buy

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Director of digital assets for US President Donald Trump, Bo Hines, has announced that the government is seeking ways to buy Bitcoin without spending the budget and has referred to the importance of BTC as a strategic asset for the United States. Speaking about the government's approach to digital assets, Hines noted that President Trump remains committed to implementing policies that encourage Bitcoin and other initiatives in the industry. He highlighted the government's efforts to establish the Strategic Bitcoin Reserve Fund (SBR) (, a move aimed at positioning the United States as a leading nation in the digital asset space. "We have fulfilled the promises that the President made during the campaign," Hines said. "The President has committed to building SBR in a way that respects the unique nature of Bitcoin and promotes innovation in the digital asset industry." Hines also noted that the government sees Bitcoin as a commodity rather than a security, quoting its inherent value storage and the decentralized nature of BTC: As you saw in the court order, we compared Bitcoin to digital gold. The United States is required to buy, hold, and continue building a reserve of Bitcoin. One of the main points drawn from Hines' comments is the government's focus on buying Bitcoin without burdening taxpayers. He said, "We've talked about ways to buy more Bitcoin in a budget-neutral way that doesn't cost taxpayers a dime." "It's time for our president to start saving the assets of the American people instead of taking them away." Hines also expressed the government's intention to cooperate with the Ministry of Finance and the Minister of Trade to determine ways to increase the efficiency of holding Bitcoin. Hines likened holding Bitcoin to a country's gold reserves, saying: "How much do we want? It's like asking a country how much gold it wants. The answer is: as much as we can get."

TRUMP-2.7%
BTC-0.58%
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