HomeCrypto NewsBitcoin NewsTrump Administration Eyes Budget-Neutral Bitcoin Acquisition as BTC Surges Past $85K

Trump Administration Eyes Budget-Neutral Bitcoin Acquisition as BTC Surges Past $85K

Date:

  • Trump officials are considering revaluing gold and using tariffs to fund BTC buys without impacting taxpayers.
  • The Bitcoin Act of 2025 and digital asset frameworks are under review to boost US crypto dominance on the global front.
  • Bitcoin rallies to $85,776 amid tech tariff waivers and rising corporate accumulation, led by Japan’s Metaplanet.

President Trump’s administration is exploring possible alternatives to acquire Bitcoin without using taxpayer funds, according to recent comments by the executive director of the Trump administration’s crypto council, Bo Hines.

Trump Administration Explores Budget-Neutral Strategies to Acquire Bitcoin

In a recent White House interview with CEO of Professional Capital Management Anthony Pompliano, Hines noted that the US government is evaluating several creative options, such as tariff revenues and revaluing gold coffers.

He stated:

We’re looking at many creative ways, whether it be from tariffs, there’s literally countless ways in which you can do this,

Hines added that the Treasury could revalue its gold holdings, which currently stand at $43 per ounce, to their current market value of $3,200 per ounce. He explained that this would create a surplus on the balance sheet, which would be used to fund the acquisition of BTC.

During the interview, Hines reiterated Trump’s earlier pledge of making the US the global Bitcoin superpower. Furthermore, he clarified that the leadership aims to acquire the largest amount of BTC possible in a “budget-neutral” way.

Hines said:

We have to acquire Bitcoin in budget neutral ways that don’t cost a taxpayer a dime. With that being said, I think that we have, as the president likes to say, many high IQ people working on these solutions, and we’re going to have countless ideas on how we can accomplish this,

He highlighted the Bitcoin Act of 2025 proposed by Senator Cynthia Lummis as one prominent solution attracting consideration. Lummis’s pitch supports reevaluating outdated gold certificates currently held by the government. At present, Congress is still deliberating the senator’s bill.

Even though Hines anticipates the measure’s possible traction, he maintained that the government is actively exploring various options. Hines also revealed that the government is developing a digital asset framework that details plans to aid crypto projects and promote USD-pegged stablecoins. The White House director opined that his move would offer clarity on topics like tokenization and staking. 

Hines also highlighted the possible integration of blockchain technology into the traditional banking system. He stated that incorporating this technology into traditional banks would allow customers to experience “streamlined transactions.”

Bitcoin Surges to $85K Amid Renewed Market Optimism and Corporate Accumulation

Bitcoin has bounced back in the past week amid renewed market optimism. Bitcoin is currently trading at $85,776 following a modest intraday rally. The recent price surge is fueled by Trump’s recent tax imposition waiver on tech products. In light of this market optimism, several corporate bodies are actively boosting their Bitcoin stacks. For instance, Japanese firm Metaplanet added another 319 BTC to its Bitcoin coffers.

In the past year, BTC has rallied by 29% and has seen 15 green days month-to-date. Meanwhile, the current is positioned above the 200-day SMA as the current prediction has flipped to bullish.

Jameson Michubu
Jameson Michubu
Jameson is a proficient crypto writer with expertise in blockchain ecosystems, Web3 innovations, and on-chain analytics. He excels at crafting insightful, data-driven content that keeps readers informed about market trends and emerging technologies. With a keen eye for detail, Jameson simplifies intricate blockchain topics, making them accessible to both newcomers and experienced investors. His work focuses on delivering timely, well-researched insights that drive meaningful conversations in the ever-evolving crypto landscape.

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