US Will Not Sell Bitcoin, Aims for Unlimited Strategic Reserve

At Bitcoin Conference 2025, Bo Hines declared that the US will retain all BTC holdings and pursue budget-neutral methods to grow the Strategic Bitcoin Reserve, with no sales or caps planned.

US commits to long-term Bitcoin accumulation

Bo Hines, executive director of the President’s Council for Digital Assets, announced a firm US policy. Speaking at the Bitcoin 2025 Conference in Las Vegas, he confirmed that the US will retain all BTC it currently holds.

He emphasized the creation of the Strategic Bitcoin Reserve (SBR), separate from the Digital Assets National Stockpile. This reserve is governed by a no-sale rule — no Bitcoin will be sold under any condition.

Bitcoin seen as a commodity with intrinsic value

Hines described Bitcoin as “digital gold,” arguing that its scarcity justifies indefinite custody. An executive order signed by President Trump on March 6 officially established this policy framework.

Hines clarified that the reserve has no cap.

He said, “We want as much as we can possibly get,” making clear that accumulation will continue without limits.

Creative strategies to grow BTC without taxpayer money

Importantly, the government seeks budget-neutral strategies for growth. Suggestions at the conference included a mining royalty system, where US-based miners would pay a portion of block rewards in BTC.

VanEck’s Matthew Sigel explained that such a mechanism would allow seamless, non-inflationary accumulation. In addition, BTC mining operations that burn waste methane would be exempt from taxes.

Galaxy Digital’s Alex Thorn proposed converting altcoins into BTC using trading pairs.

“You never touch cash,” he said. “There’s nothing for government vultures to seize.”