Trump Directs Congress to Develop U.S. Strategic Bitcoin Reserve

Former White House crypto adviser Bo Hines said on Monday that President Donald Trump has issued what he called a “clear directive” for Congress to establish a strategic Bitcoin reserve. Hines, who previously served as executive director of the White House Crypto Council, told reporters he is “confident the effort will continue and accelerate.”

An unnamed White House official echoed the remark, stating the president wants lawmakers to begin drafting legislation that would authorize the federal government to accumulate and manage a stockpile of the digital asset. Neither the White House nor congressional leaders have released specific details on the size, timing or governance of the proposed reserve, and no bill has yet been introduced.

If enacted, the measure would represent the first formal move by the United States to hold Bitcoin as a strategic asset, analogous to its Strategic Petroleum Reserve. The proposal would likely require new budget allocations and could face scrutiny over volatility, custody, and regulatory oversight of the cryptocurrency market.

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