White House Quietly Confirms Strategic Bitcoin Reserve Is Already Active

Bo Hines revealed that the U.S. has already established a strategic Bitcoin reserve, aiming for maximum accumulation.
The White House’s digital asset chief, Bo Hines, confirmed that a strategic Bitcoin reserve is already in place, marking a pivotal moment in U.S. crypto policy. While only briefly mentioned in Wednesday’s federal crypto strategy document, Hines emphasized in an interview on Crypto in America that the reserve exists and Bitcoin is officially part of the nation’s digital asset holdings

“We have it,” Hines said, referring to the reserve. “It’s been established by the executive order in the SPR. We also have the strategic national digital assets stockpile. Bitcoin is in a class of its own and everyone recognizes that.”

This confirmation came just hours after the President’s Working Group on Digital Asset Markets published a set of policy recommendations designed to solidify the U.S.’s leadership in global digital finance. Hines stated clearly that the government’s approach is aggressive accumulation: “We want as much [Bitcoin] as we can possibly get.”

However, when asked how much Bitcoin the government currently holds, Hines refrained from disclosing specifics, citing multiple reasons. Blockchain analytics firm Nansen estimates the U.S. government could be holding around 198,000 BTC, worth approximately $2.35 billion, based on wallet tracking and asset seizures. No official figures have been released.

Hines did not elaborate on how the reserve is maintained or how Bitcoin is being acquired. “There are countless ways we can accumulate,” he said, leaving room for speculation.

While Bitcoin is the focal point, Hines added that the administration also acknowledges innovation across broader blockchain ecosystems. He didn’t name any other specific projects but emphasized that the government wants to support the crypto industry as a whole.

“We’re enormous fans of Bitcoin and the Bitcoin community,” Hines stated. “We want to deliver for them, and I’m certain that we will. The U.S. is now the best place to do business, even for crypto.”

The administration is also looking into updating financial regulations to better align with decentralized technologies. When asked about the Bank Secrecy Act, Hines referenced the Treasury’s recent sanctions on the Tornado Cash crypto mixer, hinting at broader reforms.

Lastly, Hines addressed President Donald Trump’s relatively low-profile stance on crypto. “People think he’s silent, but he understands crypto better than most,” said Hines. “His behind-the-scenes support has made policy work much smoother. That makes our lives a lot easier.”

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