Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
White House officials say the Trump administration hopes to acquire as much Bitcoin as possible

White House officials say the Trump administration hopes to acquire as much Bitcoin as possible

Bitget2025/03/14 10:32

Golden Finance reports, according to several attendees, at a closed-door roundtable meeting hosted by the Bitcoin Policy Institute on Tuesday, Bo Hines, executive director of the Presidential Digital Assets Working Group told participants that the White House plans to acquire as much bitcoin as possible. When someone in the room asked how much bitcoin the U.S. government might ultimately buy, Hines joked that it's like asking a person how many dollars they want.

A White House official confirmed that Hines did indeed make a statement about acquiring as much bitcoin as possible but added that any such purchases would be "budget-neutral and will not cost taxpayers a penny." A White House official emphasized that Hines did not support any specific legislation during the event.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Bank of Japan minutes turn hawkish: Most members believe a rate hike is needed soon, with a 70% probability of a hike in December

Minutes from the Bank of Japan show that several members believe a rate hike is needed in the near term, with a roughly 70% probability of an increase in December. Core inflation has met the target for the first time in 30 years, and the current policy rate stands at 1.25%.

智通财经•2026/11/10 03:31
Bank of Japan minutes turn hawkish: Most members believe a rate hike is needed soon, with a 70% probability of a hike in December

The Federal Reserve Eyes $1.8 Trillion in “Shadow Credit”: Dallas and New York Fed Launch First Private Credit Survey

The Dallas and New York Federal Reserves have launched an investigation into private credit lending standards, covering an industry worth 1.8 trillions USD, with a minimum threshold of 50 millions USD. The results will be released in the first quarter of 2027.

智通财经•2026/11/10 03:21
The Federal Reserve Eyes $1.8 Trillion in “Shadow Credit”: Dallas and New York Fed Launch First Private Credit Survey