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White House Official: "Possible to Purchase Bitcoin (BTC) Without Budget Burden... Considering Revaluation of Gold Certificates"

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JH Kim
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  • The White House Advisory Committee announced that they are considering a plan to purchase Bitcoin (BTC) without budget burden through the revaluation of Gold Certificates.
  • Bo Hines conveyed that the government prefers new ideas and innovative approaches, exploring various strategies related to purchasing Bitcoin.
  • It is known that the U.S. government currently holds about 198,109 BTC, attracting the attention of investors.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Bo Hines, Chairman of the White House Virtual Asset (Cryptocurrency) Presidential Advisory Committee, stated that the revaluation of Gold Certificates could be a way to purchase Bitcoin (BTC) without budget burden.

According to CryptoBasic, a virtual asset specialized media, on the 21st (local time), he said, "The administration prefers new ideas and innovative approaches regarding this issue," adding, "We are exploring various strategies with Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, and I want to hear many people's opinions."

Meanwhile, the U.S. government is currently known to hold 198,109 BTC.

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