White House Official Calls Bitcoin “Digital Gold,” Wants to Buy More
Bo Hines, the head of crypto policy at the White House, said the US wants to buy as much Bitcoin as possible. He called Bitcoin “Digital Gold”, comparing it to the value and importance of gold for the country.
“We want as much as we can possibly get,” Hines said. He added, “We’re not going to sell any Bitcoin that we possibly have in the US government, period.”
While speaking to members of the US Senate Banking Committee, Hines said that the White House is serious about accumulating Bitcoin. He has used the term “Digital Gold” since he was appointed Executive Director of the President’s Council of Advisers on Digital Assets.
The United States has officially approved the creation of a national Bitcoin reserve, which is a major step forward. Bo Hines, a top White House crypto official, explained the plan and was asked if the government would ever sell its Bitcoin. He made it clear that the US does not plan to sell any of it and is fully committed to Bitcoin.
At the 2025 Bitcoin Conference, Hines talked about the US’s first-ever Bitcoin Reserve. He once again called Bitcoin “digital gold” and said it has real value. Hines stated, “We’re not going to sell any Bitcoin the US government owns. We want to get as much as we can.”
Earlier today, during a talk at the Bitcoin Policy Institute, a senior White House official confirmed that the US is creating a Bitcoin accumulation plan. This plan involves buying Bitcoin over time, not all at once, making it a long-term strategy. The bold move could help diversify the US economy and push the Bitcoin price even higher, especially with BTC already hitting record levels in 2025.
