U.S. May Convert Gold Holdings to Bitcoin, Says White House Digital Asset Adviser

A senior White House official has revealed that the U.S. government may leverage its gold reserves to build a substantial Bitcoin position. Bo Hines, who serves as executive director of the President’s Council of Advisers on Digital Assets, explained in a recent interview that realizing gains on U.S. gold holdings could provide a budget-neutral pathway to acquire Bitcoin. This approach would allow the administration to increase national Bitcoin reserves without additional budget allocations. The strategy appears to complement Senator Cynthia Lummis’s Bitcoin Act of 2025, which proposes that the U.S. should acquire approximately 1 million Bitcoin—representing about 5% of the […]