Trump Administration Eyes Massive Bitcoin Accumulation, Says Executive Director

Trump Administration Eyes Massive Bitcoin Accumulation, Says Executive Director
Trump Administration Eyes Massive Bitcoin Accumulation, Says Executive Director

The Trump administration doubles its strategy in Bitcoin, where senior officials emphasize their commitment to developing the US government’s possessions. Speaking at the summit of digital assets today in New York, Bo Heins, CEO of President Trump’s digital assets, explained that the United States is determined to collect bitcoin on an unprecedented scale.

“I think the time has come to start our president to accumulate the origins of the American people, which President Trump does instead of taking it away,” Heinz said. He continued to reveal that at the top of President Trump’s first digital assets at the White House, discussions focused on “ways to get more bitcoin in a neutral budget way.”

Henz conducted a direct comparison between Bitcoin and gold when they were asked about the amount of BTC that the government intends to keep. “You know, you were asked all the time, it’s like how much you want?

His comments are in line with the wider management strategy after President Trump’s executive order on March 6, which officially established the American strategic bitcoin reserves. The initiative that restores the BTC obtained through confiscation and seizures is restored, ensuring that bitcoin remains under the control of the government as a long -term reserve. The next day, David Sachs, President of President Trump’s encryption, stressed the importance of the step, Saying Bloomberg: “We have decided that Bitcoin is rare, it is of value, and this is a strategy for the United States to stick to this as a long -term reserve asset.”

Besides retaining, the administration explores ways to expand its holdings without taxpayers cost anything. At the top of the White House digital assets, President Trump himself I mentioned“The treasury and trade sections will explore new paths to collect additional Bitcoin’s bitules for the reserve.”

The creation of the strategic Bitcoin reserve has already motivated more legislative measures. The United States, Peron Donalds foot A draft law to unify the Trump initiative in the law, ensuring that it is still intact for future departments. Meanwhile, the American Senator Centeh Lomes and a member of Congress Nick Bedrich suggested a separate measure calling on the United States to buy 200,000 BTC annually over the next five years, with a total of 1 million BTC companies, which will be held for at least 20 years.

Thanks to the limited offer of bitcoin and the increase in institutional adoption, the administration believes that BTC as a basic asset for the nation’s financial future. Hinz said, “We look at Bitcoin, it’s not safe, it is a commodity.

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