The Trump administration’s eyes are aiming to accumulate a massive bitcoin, the executive director said

The Trump administration has doubled its Bitcoin strategy, with senior officials highlighting the US government’s commitment to growth in BTC holdings. Today at the Digital Assets Summit in New York, President Trump’s executive director of digital assets, Bohines revealed that the US is determined to accumulate Bitcoin on an unprecedented scale.

“I think it’s time for the president to start accumulating assets for Americans. That’s what President Trump does, not take away from it,” Hines said. He went on to unveil a debate centered on “how to win more Bitcoin in a budget-neutral way” at President Trump’s first digital asset summit at the White House.

When asked how much BTC the government is trying to hold, Hines directly compared Bitcoin and Gold. “You know, I’ve been asked all the time, and it’s like how much you want.

His comments are in line with the administration’s broader strategy after the official establishment of the US strategic Bitcoin Reserve, following President Trump’s March 6 executive order. The initiative will reuse the BTC obtained from confiscation and seizures, ensuring that Bitcoin is under government control as a long-term preparation. The next day, President Trump’s crypto advisor David Sachs highlighted the importance of the move, telling Bloomberg:

Beyond retention, the administration is looking for ways to expand its holdings without any costs for taxpayers. At the White House Digital Assets Summit, President Trump himself said:

The establishment of strategic Bitcoin reserves has already encouraged more legislative measures. US Rep. Byron Donald has introduced a bill that solidifies Trump’s initiative into law, confirming it remains as is for future administrations. Meanwhile, U.S. Senators Cynthia Lumis and Nick Begich have proposed another step asking the US to purchase 200,000 BTC per year over the next five years.

With limited supply of Bitcoin and increasing adoption of institutions, the administration sees BTC as an essential asset for the country’s financial future. “We’re looking at Bitcoin. It’s not security, it has intrinsic conservation value and is traditionally accepted,” Hines said.