U.S. May Use Tariff Cash to Buy Bitcoin

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U.S. May Use Tariff Cash to Buy Bitcoin
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U.S. May Use Tariff Cash to Buy Bitcoin

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During a recent podcast, Hines said the United States could consider buying Bitcoin using money made from tariffs.

That’s right—tariffs, the fees foreign countries pay when they sell goods to the U.S., might become a piggy bank for Bitcoin.

Building a U.S. Bitcoin Reserve with Tariff Revenue

This idea came as part of a bigger conversation about America’s economic future and the role digital assets like Bitcoin could play. According to Hines, using tariffs to build up a Bitcoin reserve could help strengthen the U.S. financial system and offer protection against inflation or political instability overseas.

The comment has sparked both excitement and questions. While President Trump hasn’t personally confirmed the plan, Hines’s role in the campaign suggests this isn’t just hot air. It’s no secret that Trump has been warming up to Bitcoin lately, even hinting that he supports more crypto innovation in the U.S.

If this strategy moves forward, it will mark a big shift. Up until now, the U.S. government has taken a “wait and see” approach to crypto. But if Bitcoin becomes part of the country’s financial toolbox, it could be a game-changer—especially with other countries like El Salvador already jumping on the bandwagon. Still, there’s a lot to consider. Some folks are worried about Bitcoin’s price swings and how it would affect government budgets. Others think it’s about time the U.S. got off the sidelines and started leading the charge.

More About Bitcoin
In Q1 2025, Bitwise reports that 79 public companies collectively hold 688K Bitcoin, valued at $57 billion, representing a 16.91% increase in holdings quarter-over-quarter (QoQ) and 3.28% of Bitcoin’s total 21 million supply, with a price per Bitcoin at $82,445. This marks a 2.15% QoQ rise in value and a 17.91% increase in the number of companies holding Bitcoin, with 12 new entrants this quarter. Quarterly holdings have grown steadily since Q1 2020, reaching 688K, with 95.4K Bitcoin purchased in Q1 2025 alone.
The top five holders are Strategy (MSTR) with 528,185 BTC, MARA Holdings (MARA) with 47,531 BTC, Riot Platforms (RIOT) with 19,223 BTC, CleanSpark (CLSK) with 11,869 BTC, and Tesla (TSLA) with 11,509 BTC. Key developments include FASB rules allowing fair value accounting for BTC, MicroStrategy’s $7.8B purchase, Metaplanet’s goal to acquire 10K BTC by year-end, Semler Scientific’s 1,100+ BTC boost, and GameStop’s $1.5B raise to invest in Bitcoin.

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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April 15, 2025 at 05:40AM

April 15, 2025 at 05:45AM
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