Trump Administration to Act Swiftly on Strategic Bitcoin Reserve, Says Bo Hines

The White House digital asset chief has just assured that the Trump Administration remains committed to building a strategic Bitcoin reserve despite minimal mention.

Speaking in a July 30 episode of Crypto in America, Robert “Bo” Hines—Executive Director of the U.S. President’s Council of Advisers on Digital Assets—reaffirmed the administration’s dedication to accumulating Bitcoin as part of its broader digital asset strategy.

“We do believe in accumulation, we have it—it’s been established. We also have the Strategic National Digital Assets Stockpile.”

Hines emphasized Bitcoin’s unique status, calling it “a class of its own” and confirming that the U.S. views Bitcoin accumulation as a critical element of its financial innovation and sovereignty efforts.

While the latest report by the President’s Working Group on Digital Asset Markets briefly referenced the Strategic Bitcoin Reserve, it focused more on regulatory clarity and fostering leadership in financial technology.

Infrastructure First, Accumulation Next

Hines noted that while building the necessary infrastructure takes time, the administration is moving deliberately to ensure long-term success.

He suggested that more aggressive steps toward Bitcoin accumulation are imminent.

“People will be very pleased with the direction that we are going, and we’ll start moving on that in short order,” he said.

But when asked how much Bitcoin has the federal government accumulated thus far, Hines was reluctant to answer directly.

"There are several reasons we're not disclosing that right now, there might be a time when we do."

He adds that the federal government is aiming to accumulate as much Bitcoin as they possibly could.

“We want as much as we can possibly get [...] and we’re going to continue to work on that.”

Blockchain analytics firm Nansen estimates that the U.S. government holds roughly 198,000 BTC, valued at approximately $2.35 billion at current market prices.

Executive Order Already in Place

The Strategic Bitcoin Reserve and the broader U.S. Digital Asset Stockpile were officially established via executive order signed by President Trump in March 2025.

The policy marks a historic shift in how the federal government engages with decentralized digital assets, aiming to position the U.S. as a global leader in Bitcoin adoption and blockchain infrastructure.

As the administration signals continued momentum, the crypto industry will be closely watching how U.S. policy shapes the landscape for institutional-grade Bitcoin reserves.