Trump Administration to Accelerate Plans for Strategic Bitcoin Reserve

According to a senior White House official, the Trump Administration is preparing to act “in short order” on its plan to build a Strategic Bitcoin Reserve. This signals a growing momentum behind President Donald Trump’s pro-crypto agenda.

In an interview on Crypto in America on Wednesday, Robert “Bo” Hines, Executive Director of the U.S. President’s Council of Advisers on Digital Assets, confirmed that the federal government remains committed to accumulating Bitcoin as part of its national digital strategy.

“We do believe in accumulation. We have it, it’s been established. We also have the strategic national digital assets stockpile,” Hines stated.

Although Bitcoin was only briefly mentioned in the President’s Working Group on Digital Asset Markets' latest report, Hines emphasized that the reserve is a serious priority for the administration. “Bitcoin is in a class of its own and everyone recognizes that,” he noted.

The report, released Wednesday, focuses on strengthening America’s leadership in digital financial technology through regulatory clarity and infrastructure development. Still, Hines assured the public that strategic Bitcoin acquisition remains a key goal.

“We understand the importance of the Strategic Bitcoin Reserve. We’re enormous fans of Bitcoin and the Bitcoin community, and we want to deliver for them,” Hines said.

While Hines did not disclose how much Bitcoin the U.S. currently holds, citing security and strategic reasons, he did hint at the government’s ambitions. “We want as much as we can possibly get. And we’re going to continue to work on that,” he said.

Estimates from blockchain analytics firm Nansen suggest the U.S. government currently holds around 198,000 BTC, worth approximately $2.35 billion at current market prices.

President Trump signed an executive order in March officially creating both the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile, positioning the country to take a more assertive role in the digital asset economy.

While specific timelines for major Bitcoin purchases or disclosures remain unclear, Hines said the administration is committed to building the necessary infrastructure “the right way” for long-term success.

“I think people will be very pleased with the direction we are going. We’ll start moving on that in short order,” Hines said.