Trump Official: ‘Bitcoin Is the Golden Standard,’ U.S. Will Not Sell Reserves
Speaking at the 2025 Bitcoin Conference in Las Vegas on May 27, Bo Hines, Executive Director under President Trump, made a bold declaration: “We’re not gonna sell any Bitcoin that we possibly have in the U.S. government. Period.”
Hines emphasized that Bitcoin is now seen by the Trump administration as a strategic commodity, not a security—and a foundational pillar of the new financial era.
“Bitcoin is the golden standard,” he said. “We’ve said it before, and we’ll say it again: Bitcoin is digital gold.”
U.S. Committed to Growing Strategic Bitcoin Reserve
Hines confirmed that the U.S. will hold every BTC already in federal custody and is actively working on budget-neutral strategies to expand its Strategic Bitcoin Reserve (SBR). This effort is separate from the Digital Assets National Stockpile and reflects the administration’s belief in Bitcoin’s unique role in global finance.
“We recognize it for what it is—a commodity with stored intrinsic value,” said Hines. “This is an asset we want to harness for the American people.”
He dismissed questions about how much Bitcoin the U.S. should hold. “We want as much as we can possibly get,” he said. “That’s not a silly answer—it’s a national priority.”
A Clear Shift in U.S. Crypto Policy
This announcement marks a sharp departure from previous federal approaches to crypto. With the creation of the Strategic Bitcoin Reserve, the Trump administration is signaling a long-term commitment to accumulating and safeguarding BTC as a sovereign financial asset.
As Hines summed up: “We’ve drawn the line. We’re not selling. We’re only adding.”
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
