Bitcoin News Today: Trump Admin Pushes Strategic Bitcoin Reserve Amid Policy Omission

The Trump administration is advancing plans to establish a Strategic Bitcoin Reserve "in short order," according to Bo Hines, the executive director of the U.S. President’s Council of Advisers on Digital Assets. Hines confirmed in an interview that the administration continues to pursue the accumulation of Bitcoin as a strategic asset, even though the concept was omitted from a recently published White House crypto policy report [1]. The reserve, which was officially established in March through a presidential executive order, remains a key element of the administration’s broader digital asset strategy [2].

Hines emphasized that Bitcoin occupies a unique position in the digital asset landscape and underscored the administration’s commitment to building a robust foundation for its long-term success. “We do believe in accumulation,” he stated, adding that the process requires time and careful infrastructure development. However, when asked about the current size of the government’s Bitcoin holdings, Hines declined to provide figures, citing operational and security-related reasons [3]. According to Nansen’s analysis, the U.S. government holds approximately 198,000 BTC, valued at around $2.35 billion [4].

The absence of the Strategic Bitcoin Reserve from the White House’s 166-page digital asset policy report has generated speculation about the administration’s transparency and priorities. While the report outlines regulatory reforms aimed at strengthening U.S. leadership in digital financial technology, it does not include any direct updates on the status of the reserve [5]. Hines acknowledged the significance of the reserve but suggested that the government may not release a detailed public report on the initiative, despite the executive order mandating its creation [6].

The ongoing development of the reserve reflects the administration’s broader pro-crypto stance, including legislative efforts such as the July 18 enactment of the GENIUS Act, which links cryptocurrency tokens to stable assets like the U.S. dollar [7]. These moves indicate a strategic push to integrate digital assets into the national financial system, though specific implementation details remain unclear.

As the administration moves forward with its accumulation efforts, market observers remain cautious about the timeline and scope of the reserve’s development. While Hines expressed confidence that the public will be pleased with the direction of the initiative, the lack of transparency has led to uncertainty about the government’s long-term goals and the potential economic impact of the reserve [8]. With no official figures or detailed reporting to date, the focus remains on how these developments will influence the future of digital asset regulation in the United States.

Source:

[1] Cointelegraph https://cointelegraph.com/news/us-bitcoin-reserve-plans-continue-donald-trump-bo-hines

[2] CoinDesk https://www.coindesk.com/policy/2025/07/30/u-s-bitcoin-reserve-plans-still-elusive-as-white-house-touts-crypto-report

[3] Coinpedia https://coinpedia.org/news/how-many-bitcoins-does-the-u-s-government-hold-bo-hines-dissects-white-house-crypto-report/

[4] Nansen https://nansen.ai/

[5] CryptoBriefing https://cryptobriefing.com/white-house-crypto-strategy/

[6] AInvest https://www.ainvest.com/news/bitcoin-news-today-trump-crypto-policy-report-lacks-clarity-federal-bitcoin-reserve-2507/

[7] Kten https://www.kten.com/news/white-house-crypto-report-doesnt-address-bitcoin-asset-reserves/article_997830bf-b652-5799-b2d5-481ae9605c10.html

[8] BraveNewCoin https://bravenewcoin.com/insights/white-house-releases-crypto-strategy-but-no-new-details-on-strategic-bitcoin-reserve