White House Hints at Using Gold Reserves to Buy Bitcoin
2025-03-25
A senior White House official hinted at the possibility of the U.S. using its gold reserves to acquire more Bitcoin. Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, suggested this could be a budget-neutral way to increase Bitcoin reserves. He referenced the Bitcoin Act of 2025, proposing the US acquire 1 million Bitcoin over five years, funded by selling Federal Reserve gold certificates. President Trump also voiced his commitment to making the US a leading Bitcoin power.
Tech
Gold Reserves