Trump Administration Confirms Plan to Expand Bitcoin Holdings
The U.S. government is quietly moving forward with its plan to build a national Bitcoin reserve, according to new remarks from a key White House official.
Despite minimal mention in the administration’s latest crypto policy report, the initiative appears to be gaining traction behind the scenes.
Robert “Bo” Hines, a senior adviser on digital assets, confirmed during a recent interview that the Strategic Bitcoin Reserve is not just theoretical—it’s already in place. Hines emphasized that while infrastructure efforts are still unfolding, the administration is committed to increasing its holdings. “We’re serious about Bitcoin,” he said. “We want as much as we can get.”
The broader report released earlier this week focused primarily on regulation and leadership in blockchain technology but offered little detail about the government’s Bitcoin strategy. Still, Hines reassured the public that accumulation is happening, and more transparency may come in time.
While he declined to disclose how much BTC the government currently holds, estimates suggest federal agencies control over 198,000 Bitcoin—worth around $2.35 billion—largely from past seizures. However, Hines hinted that active purchases could become part of the equation.
President Trump signed the executive order establishing the reserve in March, and although no other digital assets were highlighted, Hines suggested Bitcoin holds unique status within the administration’s digital asset vision.
With growing global interest in sovereign crypto strategies, the U.S. appears to be positioning itself to lead—not just regulate—the future of digital finance.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
