Using Tariffs to Fund the US Strategic Bitcoin Reserve
The Trump Administration’s Tariffs
The Trump administration’s sweeping tariffs, which have roiled global markets over the past few weeks, may just become instrumental to funding the US Strategic Bitcoin Reserve without using taxpayer money.
While the extensive tariffs threatened and implemented over the past month have escalated and jolted crypto markets as the Trump administration pursues an “America First” trade policy, a key White House advisor thinks the revenues from it could be used to add to the country’s Bitcoin stash.
Bo Hines’ Suggestions
Bo Hines, executive director of the Presidential Council of Advisers on Digital Assets, said in a White House interview with Professional Capital Management’s Anthony Pompliano that the Trump administration is exploring several “budget-neutral” methods to get more Bitcoin.
“We’re looking at many creative ways, whether it be from tariffs or something else,” Hines said.
Creative Strategies
Hines’ ideas come after President Donald Trump signed an executive order that established the country’s creation of the Strategic Bitcoin Reserve last month. Data from Arkham tracking the US stash shows it’s currently at 192,012 BTC.
Following Trump’s executive order, a separate document circulated from the Federal Register detailing a presidential directive requiring federal agencies to disclose all Bitcoin and digital asset holdings to the Treasury Secretary. That order’s deadline was last Saturday.
Using Tariff Revenues
Hines adds that there is a “180-day landmark that’s on the horizon” as the federal agencies go through recommendations for acquiring more Bitcoin. “We’ll comb through all the reports and then we’ll produce a comprehensive piece of work,” Hines said.
Aside from the “creative” strategy of using tariff revenues for buying Bitcoin, Hines cites Senator Cynthia Lummis’s Bitcoin Act of 2025, which would revalue Treasury gold certificates from their outdated valuation of approximately $43 per ounce to reflect current market prices exceeding $3,000 per ounce.
Inter-Agency Working Group
Treasury Secretary Besson and Commerce Secretary Lutnick join “many great actors” working through an inter-agency digital assets working group to develop acquisition strategies aligned with the administration’s goal of making the US “the Bitcoin superpower of the globe,” Hines said.
“We’ll come together and flesh out some of these ideas and really get to the best solution,” he added.
Conclusion
The Trump administration’s exploration of creative ways to acquire more Bitcoin, including using tariff revenues, highlights the growing importance of digital assets in the country’s economic strategy.
As the US Strategic Bitcoin Reserve continues to grow, it will be interesting to see how the administration utilizes the revenue generated from tariffs to further bolster its Bitcoin stash.
FAQs
- Q: What is the US Strategic Bitcoin Reserve?
A: The US Strategic Bitcoin Reserve is a reserve of Bitcoin established by the Trump administration to strengthen the country’s digital assets.
- Q: How much Bitcoin does the US Strategic Bitcoin Reserve currently hold?
A: According to data from Arkham, the US Strategic Bitcoin Reserve currently holds 192,012 BTC.
- Q: What are the goals of the US Strategic Bitcoin Reserve?
A: The administration’s goal is to make the US “the Bitcoin superpower of the globe” and to strengthen the country’s digital assets.
- Q: What is the Bitcoin Act of 2025?
A: The Bitcoin Act of 2025 is a bill proposed by Senator Cynthia Lummis that would revalue Treasury gold certificates from their outdated valuation to reflect current market prices.