The Trump administration is exploring using revenue from tariffs to fund the strategic reserve of American Bitcoin. Bo Heinz, executive director of the Presidential Advisory Council on Digital Assets, stated that the government is looking for creative ways to increase Bitcoin reserves without using taxpayers’ money. This plan comes after Trump’s executive order to establish a strategic Bitcoin reserve. According to ARKHAM Intelligence data, the current US reserve is 192,012 Bitcoins. Heinz also referred to Senator Lummis’ Bitcoin bill, which can adjust the value of gold-backed certificates to market prices and free up billions of dollars to buy Bitcoin. The Treasury and Commerce Secretaries are also involved in the interagency working group on digital assets to develop Bitcoin acquisition strategies.
