Donald Trump is exploring the use of tariff revenue to purchase Bitcoin, potentially enhancing the U.S. Strategic Bitcoin Reserve. Analysts predict Bitcoin could surge to $300,000, with some forecasting earlier targets of $150,000. The new BTC Bull meme coin promises holders free Bitcoin airdrops and stake rewards as Bitcoin appreciates.
Donald Trump’s tariff policy is transitioning from a market challenge to a potential boost for cryptocurrencies. In a recent discussion, Bo Hines, the Executive Director of Trump’s crypto council, noted that the U.S. government is considering purchasing Bitcoin using tariff revenue. A modest global tariff of 10% could increase the U.S. economy by approximately $728 billion, and a portion allocated for Bitcoin could significantly elevate its market value.
President Trump signed an executive order to initiate a Strategic Bitcoin Reserve, which will initially utilise seized Bitcoin. The order empowers Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick to devise budget-neutral approaches to acquire more Bitcoin. Hines indicated that planned tariff revenue use could enhance this reserve and emphasised Bitcoin’s designation as digital gold, earmarked for aggressive accumulation rather than sale.
The financial impact of this initiative is significant; The Wharton School predicts Trump’s tariffs could amass up to $5.2 trillion in the next decade. The U.S. has already collected $21 billion in import duties. Allocating only 1% of these funds toward Bitcoin could lead to a considerable bullish repricing, enticing institutions to invest ahead of government-backed purchases.
Additionally, Hines mentioned that the administration is contemplating Wyoming Senator Cynthia Lummis’s strategy to acquire more Bitcoin through the revaluation of gold certificates held by the U.S. Treasury. This indicates a proactive stance from the Trump administration towards increasing its Bitcoin reserves.
Analysts are optimistic about Bitcoin’s future, with some raising their price expectations to $300,000, which is a shift from previous predictions. Fundstrat CEO Tom Lee’s estimate of $150,000 appears conservative in this context. Trader Gert van Lagen asserts that reaching $300,000 is inevitable, pointing to the bullish cup-and-handle formation reflected in Bitcoin’s price chart, similar to patterns observed in Gold and the S&P 500.
New investment opportunities are emerging, such as BTC Bull (BTCBULL), a meme coin that leverages Bitcoin’s anticipated growth. BTCBULL offers free Bitcoin airdrops upon Bitcoin reaching specific price levels, starting with a $150,000 milestone. The initial token burn is projected for a Bitcoin price of $125,000, showing promise for holders regarding returns and staking rewards. The high demand for BTCBULL during its presale—raising nearly $5 million—suggests robust investor interest in this meme coin as Bitcoin’s value continues to rise.
