Trump White House Eyeing Fort Knox Gold Sale to Fund ‘Budget-Neutral’ Bitcoin Reserve

Ever wonder why the government’s suddenly so curious about Fort Knox? If you think that DOGE, crypto regulations, and Bitcoin stockpiles is just noise, think again—it’s about putting the government, banks, and even you on the blockchain.

On Friday, Robert “Bo” Hines, executive director of the President’s Council of Advisers on Digital Assets, dropped a bombshell in a media interview: selling some of Fort Knox’s gold to buy Bitcoin could be in play, as long as it stays “budget-neutral.”

This isn’t just a wild idea—it ties directly into President Trump’s pledge earlier this month to build a national Bitcoin Reserve without adding a dime to the federal tab.

In his announcement, Trump emphasized that any future acquisition of Bitcoin by the U.S. government would be conducted in “budget-neutral” ways, meaning it would not increase federal spending or debt. Hines’ remarks align with this vision, pointing to creative funding methods that could leverage existing assets rather than new expenditures. He specifically cited Senator Cynthia Lummis’ BITCOIN bill as a potential model for such an approach.

The BITCOIN bill, introduced by Senator Lummis, proposes the creation of a strategic Bitcoin reserve aimed at bolstering the nation’s financial portfolio. Under the legislation, the government would acquire 1 million Bitcoin over a five-year period. To keep the plan budget-neutral, the bill suggests funding these purchases by “diversifying existing funds” within the Federal Reserve system.

Hines’ reference to this legislation indicates it could serve as a blueprint—or at least an inspiration—for the administration’s broader cryptocurrency ambitions.

The idea of offloading gold from Fort Knox, a symbol of U.S. economic stability for nearly a century, to invest in a volatile digital asset like Bitcoin marks a significant shift in federal financial strategy. While Hines did not confirm any concrete plans, his openness to the concept underscores the growing influence of cryptocurrency in government policy discussions.

As the Trump administration continues to explore innovative ways to integrate Bitcoin into the national economy, all eyes will be on how it balances tradition with this emerging digital frontier.