Trump Administration Doubles Down on Bitcoin, Committing to Growing Strategic Reserve

A key figure in the Trump administration has asserted that Bitcoin is the future of global finance and the U.S. will not sell its existing reserves. Hines, Trump’s advisor, believes Bitcoin holds immense value and should be leveraged for the American people, positioning it as a “strategic commodity” beyond just a security. This announcement marks a significant shift in U.S. crypto policy, with the Strategic Bitcoin Reserve (SBR) highlighting the administration’s commitment to increasing its holdings of BTC. The administration’s stance is reflected by Hines’ statement: ‘We want as much as we can possibly get,’ meaning no selling of existing Bitcoin reserves.