Bo Heinz, the executive director of the President’s Advisory Council on Digital Assets, announced that the US government is exploring ways to purchase Bitcoin (BTC) without increasing the federal budget or burdening taxpayers. One of the main options to fund this purchase is using revenue from tariffs. With escalating trade tensions between the US and China and increased supportive policies, tariffs have become a source of foreign income for the government. Heinz stated that utilizing these new resources would allow the government to hold Bitcoin reserves without touching existing assets. He also mentioned that a group of government entities, including the Treasury and Commerce Departments, are examining possible solutions as part of an interagency task force. According to Heinz, the primary goal of these actions is ‘not to impact the federal budget.’ He added that the President has full confidence in the specialized teams working on these plans. A complementary proposal is the ‘Bitcoin Act 2025’ introduced by Senator Cynthia Lummis. This bill suggests revaluing old gold certificates still registered with the US Treasury at $43 per ounce based on the current price of gold (over $3,216 per ounce). If approved, this measure could free up billions of extra dollars to be used to purchase Bitcoin as a strategic asset. However, this bill is still in the congressional review stages and its level of support remains to be seen. Heinz concluded by emphasizing that the government is not limiting itself to a single option and all possible solutions are on the table. In a recent speech at the 2025 Blockworks Digital Assets Summit, Heinz described Bitcoin as ‘an asset with intrinsic value and strategic importance for the United States,’ stating that establishing national reserves in the digital asset space is vital for the country’s future. You can view the live and real-time prices of all tokens and cryptocurrencies on the momentary price page of digital currencies.
