Trump May Use Tariff Revenues to Buy Bitcoin

The Trump administration is considering using revenue from trade tariffs to purchase Bitcoin, announced Bo Hines, the former president’s top crypto advisor. According to him, the administration is looking for creative ways to accumulate Bitcoin without impacting the federal budget or burdening taxpayers.

“We're exploring many creative methods, whether through tariffs or other mechanisms. Everything is on the table,” Hines stated in an interview with entrepreneur Anthony Pompliano. Import tariffs could generate revenue directed towards a U.S. strategic Bitcoin reserve.

Hines emphasized that the government has no intention of selling these assets, but rather holding them long-term, similar to gold. The BITCOIN Act proposes funding the acquisition by reevaluating gold certificates held by the Federal Reserve, but tariffs are seen as a more direct and efficient fiscal-neutral option.

Senior officials from the Department of Commerce and the Treasury are working together to implement this strategy, which is considered a major step in the digital transformation of the U.S. financial infrastructure.