“We Want as Much Bitcoin as We Can Get”: Trump’s Crypto Executive Director
Bo Hines, President Trump’s Executive Director on Digital Assets, has revealed that the U.S. government wants as much Bitcoin as it can procure.
Hines made this statement while speaking on the Strategic Bitcoin Reserve (SBR) created by President Donald Trump. For context, the president signed an executive order on March 6 mandating the creation of a crypto stockpile for altcoins and a Strategic Reserve for Bitcoin.
However, the order confirmed that the government would not procure any more tokens for the crypto stockpile, which will only contain assets it already holds through confiscations and forfeitures. Further, it indicated that it would only employ “budget-neutral” means to purchase more BTC for the SBR.