The US government is exploring various innovative methods to acquire Bitcoin, including the potential revaluation of gold certificates and tariffs, as per White House advisor Bo Hines. A significant proposal involves amending the price of Treasury-held gold certificates to purchase Bitcoin. Hines confirmed that all strategies are under consideration to secure more BTC.
A White House advisor, Bo Hines, announced that the US government is investigating innovative methods to acquire more Bitcoin (BTC), with tariffs being a key possibility. In a recent interview, Hines highlighted that a strategy could involve adjusting the valuation of gold certificates held by the Treasury, following a proposal from Senator Cynthia Lummis.
Hines elaborated that if the US were to reevaluate gold certificates at their current market value, which is significantly higher than the existing valuation of approximately $43 an ounce, the resultant funds could be directed towards purchasing Bitcoin. This proposal forms part of Senator Lummis’s Bitcoin Act of 2025 aimed at influencing policy discussions in Congress.
Gold certificates, utilized as a form of currency from 1865 to 1933, represent ownership of gold holdings. Hines also mentioned the brainstorming efforts among officials, including the prospect of acquiring BTC via tariffs. He indicated that President Trump’s recent tariff announcements on countries like Mexico, Canada, and China reflect the administration’s exploration of various strategies to secure Bitcoin assets.
Hines affirmed that there are numerous avenues available to enhance Bitcoin acquisition, stating, “we want as much [BTC] as we can get… everything’s on the table.” As of the latest update, Bitcoin is trading at $84,904, reflecting a 1% increase for the day.
