The United States government is poised to begin accumulating Bitcoin (BTC) soon, according to Bo Hines, Chairman of the White House Presidential Cryptocurrency Advisory Board. In a recent interview with Bitcoin Magazine, Hines emphasized the competitive nature of BTC accumulation, drawing parallels to gold. Hines stated his confidence that the U.S. Treasury Department, in collaboration with the Chamber of Digital Commerce, will devise innovative strategies for acquiring BTC. While acknowledging the existence of other cryptocurrency ecosystems, the White House will prioritize Bitcoin. While the exact timeline remains undisclosed, Hines indicated that the Treasury Department is responsible for the executive order signed by former U.S. President Donald Trump in March, which outlines a BTC strategic reserve plan. Bloomberg previously reported that further details would be revealed within weeks. This move signals a significant shift in the US government's approach to Bitcoin, recognizing its potential as a strategic asset. ```