30-4-2025 – The United States has unveiled ambitious plans to establish a national Bitcoin reserve, marking a watershed moment in digital asset strategy. The revelation came through Bo Hines, the White House cryptocurrency advisor, during an exclusive dialogue with Bitcoin Magazine.
The initiative mirrors a quiet yet intense global competition, with numerous nations discreetly amassing Bitcoin holdings, reminiscent of the Cold War space race. The American administration, keen to maintain its technological supremacy, is swiftly mobilising resources towards what Hines terms the “Strategic Bitcoin Reserve”.
The Treasury Department’s involvement proves crucial, as they undertake a comprehensive audit of existing Bitcoin assets whilst devising cost-effective acquisition strategies that circumvent additional strain on the national purse. Notable industry figures, including Crypto Czar David Sacks, have thrown their weight behind this transformative venture.
Currently, American entities command an impressive 35% to 40% of all mined Bitcoin, according to Matthew Pines of the Bitcoin Policy Institute. This substantial digital presence significantly overshadows America’s 8% to 10% share of global above-ground gold reserves, underscoring the nation’s formidable position in the cryptocurrency landscape.
The administration’s cryptocurrency agenda has gained considerable momentum, particularly following the cessation of “Operation Chokepoint 2.0”, which had previously imposed restrictions on cryptocurrency enterprises. This executive decision, coupled with the SEC’s withdrawal of several significant lawsuits and the relaxation of banking regulations for crypto firms, signals a marked shift in regulatory approach.
Donald Trump’s vision of establishing America as the world’s premier cryptocurrency hub appears to be materialising. His administration’s characterisation of Bitcoin as “digital gold” reflects a strategic understanding of its potential for long-term value appreciation and scarcity.
