The U.S. government is set to unveil a strategy aimed at significantly increasing its bitcoin holdings, as confirmed by Bo Hines, the executive director of the Presidential Council of Advisers on Digital Assets.

Hines stressed the urgency for the U.S. to act quickly due to rising global competition for bitcoin reserves, cautioning that retail investors may soon experience a supply shock.

This strategy has the potential to reshape the global financial landscape and intensify the competition for monetary power among nations.

The government aims to acquire as much bitcoin as possible while carefully managing the fiscal impact, steering clear of direct taxpayer funding.

To finance bitcoin purchases without affecting the federal budget, innovative funding approaches are being considered, including the use of tariffs and revaluing U.S. gold reserves.

The strategy will explore various methods for bitcoin accumulation, such as supporting domestic mining operations and issuing specialized financial instruments like bonds.

As the race for bitcoin heats up, investors are advised to carefully select platforms for buying and storing cryptocurrency, with recommendations for using Best Wallet for secure transactions.

This initiative is in line with an executive order signed by President Trump, which authorized the establishment of a strategic bitcoin reserve; currently, the U.S. holds approximately 198,000 BTC, the largest government bitcoin reserve in the world.