TradingKey - Trump's digital asset advisor claims the U.S. may use tariff revenue to buy Bitcoin. What could it mean for the Market?
According to Bitcoin Magazine on April 15, Bo Hines, a director of Trump's digital asset advisory board, stated that the U.S. considers using tariff revenue to purchase Bitcoin (BTC). If implemented, such a move could carry significant implications for financial markets and the broader crypto landscape.
Trump has previously expressed interest in positioning the U.S. as a global cryptocurrency hub. Using tariff revenue—rather than taxpayer dollars—to acquire Bitcoin would align with his earlier pledge to avoid burdening taxpayers while supporting digital asset adoption. Strategically, it could also serve as a hedge against dollar depreciation and a method of preserving government asset value.
For investors, the most immediate impact would be on market sentiment. A Bitcoin purchase by the U.S. government could spark a surge in retail interest, enhance institutional confidence, and potentially drive prices higher. Such a move would likely be interpreted as a strong signal of legitimacy and long-term viability for Bitcoin.
Beyond the financial implications, however, such a policy shift would also carry geopolitical and symbolic weight. Government investment in Bitcoin could reshape global perceptions of digital assets and accelerate mainstream adoption across markets and jurisdictions .
Still, the idea remains speculative and clouded by policy uncertainty. Trump’s broader tariff agenda continues to face international backlash, particularly from major trading partners such as China and Japan, who could retaliate through cancellations or countermeasures. Furthermore, the legality of several proposed tariffs is under active legal review, raising questions about the reliability and sustainability of such revenue streams.