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    Cryptocurrency

    White House Crypto Head Says US Will Buy as Much Bitcoin as Possible

    Anthony M. OrbisonBy Anthony M. OrbisonMay 28, 2025No Comments2 Mins Read
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    The arrival of 2025 has seen a major shift take place in the United States. Indeed, with the return of US President Donald Trump, the country has welcomed its first pro-crypto administration in history. Now, White House crypto head Bo Hine has recently confirmed that the US is looking to buy as much Bitcoin as possible.

    The country has officially greenlit a BTC strategic reserve in what is a groundbreaking development for the country. Moreover, Hines discussed the process and was asked if the country would ever consider selling the leading crypto amid this newfound approach. His answer reinforced the notions committed to Bitcoin and the asset class at large.

    President Trump sitting at desk in Oval Office
    Source: The New York Times

    Also Read: Cryptocurrency: 3 White House & Trump Approved Coins To Buy For Major Gains

    White House Speaks on Bitcoin and If They Have Any Plans On Selling It

    In what is a monumental development, the US Department of Labor officially rescinded guidance against involving Bitcoin and other cryptocurrencies in 401(k) plans. The move has massive implications. Most importantly, it speaks to a shifting perspective from the nation on the emerging asset class.

    That has been one of the most dominant themes of the returning administration in 2025. Indeed, US President Donald Trump has orchestrated a pro-crypto approach that is unprecedented. Moreover, it is set to continue, as the White House crypto head has said the US will buy as much Bitcoin as possible.

    President's Council of Advisers on Digital Assets, Bo Hines, recently shared his thoughts and optimism about the upcoming cryptocurrency legislationPresident's Council of Advisers on Digital Assets, Bo Hines, recently shared his thoughts and optimism about the upcoming cryptocurrency legislation
    Source: Rolling Stone

    Also Read: Trump Media Announces $2.5B Deal to Create a Bitcoin Treasury

    Speaking at the 2025 Bitcoin Conference, Bo Hines discussed the nation’s inaugural Bitcoin Reserve. Specifically, he described the asset as “digital gold” while noting the “intrinsic value” present in the token. That is set to inform its position regarding possibly selling it at some point in the future.

    “We’re not going to sell any Bitcoin that we possibly have in the US government, period,” Hines said. “We want as much as we can possibly get,” he added. With the asset reaching an all-time high this year, it’s good news for the financial diversification of the US. However, it is also set to benefit the token itself, with US purchases poised to have the value continue to soar.

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    Anthony M. Orbison
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