In a new attention-grabbing statement, Bo Hines — senior advisor to President Donald Trump and executive director of the Digital Assets Advisory Council — clearly affirmed that the U.S. government views Bitcoin accumulation as a national priority. Hines likened this process to a “space race” between nations, where whoever owns more Bitcoin will have a distinct strategic advantage in the future.
Bold statement: “The more Bitcoin you accumulate, the better”
In an interview with #BitcoinMagazine , Bo Hines emphasized that the current administration wants to buy as much Bitcoin as possible. He described the accumulation of Bitcoin as akin to the gold accumulation race of the last century. “Asking how much Bitcoin America wants is like asking how much gold a country wants — the answer is always: as much as possible,” Hines asserted.
Currently, governments around the world hold about 2.3% of the total Bitcoin supply. Among them, the U.S. leads, slightly ahead of China. This shows that the race has started long ago, and now, the Trump administration is ready to accelerate.
Bitcoin is the core asset, other coins are just secondary
Bo Hines also clarified the White House's stance: Bitcoin is at the center of the cryptocurrency strategy, while other digital assets play a secondary role. Although he acknowledged that “other ecosystems exist,” he asserted that the most important thing is to “correctly recognize Bitcoin’s unique role.”
Hines stated that Bitcoin is viewed as a commodity, not a security, and that makes it special. He quoted “crypto czar” David Sacks, who accompanied him on the Council, when calling Bitcoin “Immaculate Conception” (formed purely, without being controlled by any organization or issuer). Accordingly, the intrinsic value of Bitcoin is seen as the key point for the government’s long-term bet.
In the context of previous speculation that the administration might accumulate tokens like Solana ($SOL ) or Cardano ($ADA ) — based on a post on Truth Social by Trump — Hines’ statement indirectly dismissed that possibility.
Action plan: Accumulate early and creatively
Hines stated that he is “very confident” that the U.S. Treasury and trade leaders will come up with “extremely creative” ways to accumulate Bitcoin. One of the options he previously mentioned is using trade tariffs — a familiar strategy during Trump’s administration — to retrieve Bitcoin reserves.
Although no specific timeline has been provided, Hines revealed that the initiation process could happen “very quickly” and that the primary responsibility for approving accumulation measures lies with the Treasury Department, according to the executive order signed by President #TRUMP .
Not just accumulation: Stablecoin laws and market structure are also prioritized
Besides Bitcoin, the Trump administration is also racing to finalize the legal framework for the cryptocurrency industry in general. Hines revealed that his team is trying to complete two important bills — one on stablecoins and one on the crypto market structure — to present to the President before the August break.
This indicates that the Trump administration's crypto strategy is not just about accumulation, but also about perfecting the legal framework to make the U.S. a global digital financial center.
Connect with crypto users and the Binance community
Bo Hines’ statement could mark a significant turning point in how nations approach Bitcoin. If the U.S. truly enters the “Bitcoin accumulation race” at high speed, this could lead to a wave of FOMO from other nations, resulting in a strong increase in demand.
For users on Binance, this could directly impact Bitcoin prices and the entire crypto market. If the BTC supply becomes scarcer due to the U.S. government’s long-term accumulation, prices may rise significantly in the medium and long term. Additionally, Bitcoin-related products on Binance (such as spot, futures, ETFs, and staking) could become more attractive.
Risk warning
The cryptocurrency market always carries significant volatility and is not suitable for all investors. Government involvement in accumulation can change market trends, but it also does not rule out the possibility of strong adjustments due to policy interventions or geopolitical fluctuations. Users need to be cautious and carefully assess risks before making investment decisions.
