White House reaffirms commitment to national Bitcoin stockpile amid broader digital asset policy push
The White House has reaffirmed its commitment to establishing a Strategic Bitcoin Reserve, with Bo Hines, the U.S. digital assets chief, stating the government will begin acting on it “in short order.” Despite the reserve receiving only brief mention in a recent policy report, the plan remains active and central to the Trump administration’s broader crypto strategy.
U.S. Government Committed to Bitcoin Accumulation
In a recent interview on Crypto in America, Robert “Bo” Hines, Executive Director of the U.S. President’s Council of Advisers on Digital Assets, emphasized that the federal government is taking Bitcoin seriously.
“We do believe in accumulation,” Hines stated, adding that Bitcoin is in a class of its own and plays a vital role in the administration’s digital asset policy. “We have it, it’s been established […] we also have the Strategic National Digital Assets Stockpile.”
Hines highlighted that while the U.S. aims to support innovation across the digital asset ecosystem, Bitcoin remains the primary focus. “There are countless ways we can accumulate, and we’re working to ensure this is done the right way for long-term success,” he said.
Bitcoin Reserve Mentioned in Policy Report
The President’s Working Group on Digital Asset Markets released a policy framework this week focused on strengthening American leadership in financial technology. The Strategic Bitcoin Reserve was mentioned only briefly, with the main emphasis placed on creating clear regulations for the crypto space.
Still, Hines reassured that the reserve is a strategic priority. “We’re enormous fans of Bitcoin and the Bitcoin community. We want to deliver for them, and I’m certain we will,” he said.
How Much Bitcoin Does the U.S. Government Hold?
When asked how much Bitcoin (BTC) the federal government currently holds, Hines declined to reveal specific numbers, citing strategic reasons. “There might be a time when we do [disclose], but I will say we want as much as we can possibly get.”
According to blockchain analytics firm Nansen, the U.S. government is estimated to hold 198,000 BTC, valued at approximately $2.35 billion.
Trump’s Executive Order Cemented Bitcoin’s Strategic Role
President Donald Trump officially signed an executive order in March, establishing both the Strategic Bitcoin Reserve and the broader U.S. Digital Asset Stockpile. The order marked a significant step in recognizing Bitcoin as a national strategic asset.
With growing institutional adoption and rising global interest in crypto reserves, the U.S. appears poised to lead on Bitcoin accumulation, setting the tone for future government engagement with decentralized digital currencies.
