Top White House advisers are actively exploring new ways for the US government to acquire Bitcoin without increasing the federal budget or burdening taxpayers, according to Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets.
In a recent interview at the White House with investor Anthony Pompliano, Hines said the administration is considering a broad set of creative approaches.
He also pointed to ongoing discussions among agencies such as the Department of Commerce and the Treasury, coordinated through an interagency working group. One prominent idea gaining traction is linked to the Bitcoin Act of 2025, spearheaded by Senator Cynthia Lummis. The bill proposes revaluing outdated gold certificates currently held by the US Treasury.
“We have, as the President likes to say, many high IQ people working on these solutions,” Hines said.
Hines acknowledged that the proposal is still moving through Congress. He noted, “we’ll see how many co-sponsors she can get” as it progresses. Yet he said that the administration is not limiting itself to just one option.
Updating the valuation to match current market prices could unlock billions in surplus capital. The government could then redeploy that into Bitcoin as a strategic reserve asset.
These certificates are still recorded at around $43 an ounce, despite gold trading above $3,216 today.
Hines suggested that future tariff collections could create a new stream of external revenue. “There’s literally countless ways in which you can do this,” Hines said, hinting at a wider brainstorming effort taking place across federal agencies. “Everything’s on the table. We want as much as we can get.”
Tariffs, which have surged in relevance amid rising US-China tensions and a wave of protectionist policies, are also on the table.