White House Official Declares Bitcoin “Digital Gold” – Plans Major Accumulation

Move over, Fort Knox—the White House is betting big on Bitcoin as the new gold standard.

In a stunning endorsement, a senior US official just slapped the "digital gold" label on Bitcoin while signaling aggressive buying intentions. No more tiptoeing around crypto—this is a full-throated embrace from the corridors of power.

The Ultimate Hedge?

With fiat currencies wobbling and traditional markets looking shaky, Bitcoin’s appeal as a non-sovereign store of value just got its most powerful validation yet. The official stopped short of suggesting Treasury purchases—but that tantalizing possibility now lingers in the air.

Wall Street’s going to hate this. After years of dismissing crypto as a scam, the establishment just got outflanked by its own government. Maybe they’ll finally stop pretending T-bills are exciting.

One thing’s clear: when the White House starts talking accumulation, the smart money follows. The only question now—how long until the first Bitcoin ETF gets the presidential seal of approval?

Speaking with representatives from the US Senate Banking Committee, Hines says that the WHITE House is keen on the idea of the accumulation of Bitcoin. Hines has referred to BTC as Digital Gold since being appointed Executive Director of the President’s Council of Advisers on Digital Assets of the White House. “Obviously this has to be done in budget-neutral ways that don’t cost the taxpayer a dime, the President was clear about that in his executive order,” Hines said at the conference. “I think we have some very creative minds…and I think we’ll begin moving very quickly on that.”

US Greenlights Bitcoin, Crypto Adoption

The country has officially greenlit a BTC strategic reserve in what is a groundbreaking development for the country. Moreover, Hines discussed the process and was asked if the country would ever consider selling the leading crypto amid this newfound approach. His answer reinforced the notions committed to Bitcoin and the asset class at large.

Additionally, speaking at the 2025 bitcoin Conference earlier this year, Bo Hines also discussed the nation’s inaugural Bitcoin Reserve. There, he also dubbed Bitcoin as “digital gold” while noting the “intrinsic value” present in the cryptocurrency. “We’re not going to sell any Bitcoin that we possibly have in the US government, period,” Hines said. “We want as much as we can possibly get,” he added. With the asset reaching an all-time high this year, it’s good news for the financial diversification of the US. However, it could also benefit the token itself, with US purchases poised to have the value continue to soar.”

Furthermore, earlier today, a senior White House official said the US government has a. The comments were made while speaking at the Bitcoin Policy Institute. An accumulation plan will likely take the shape of a strategic long-term buying plan.