White House official: US could potentially use its gold reserves to buy more Bitcoin

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ODAILY
03-24
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Planet Daily News: Trump's digital asset advisory council executive director Bo Hines stated in an interview that the United States could use the earnings from its gold reserves to purchase more Bitcoin. According to Hines, this could be a budget-neutral way to increase the country's Bitcoin reserves. Hines cited Senator Cynthia Lummis's Bitcoin bill for 2025, which advocates for the United States to acquire 1 million Bitcoins within five years, approximately 5% of the total Bitcoin supply. The Bitcoin purchase would be funded by selling the Federal Reserve's gold certificates. (Jin Shi)

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