Because Hines, executive director of the President of the Council of Digital Asset Advisors, signaled that Washington is seriously considering public-private partnership with miners in order to extend the strategic Bitcoin-Besz reserve of up-to-date federal dollars. Talking to the General Director of Marathon Digital Holdings Fred Thiel, Hines he said that “public-private partnership between miners can be a phenomenal way to collect bitcoins for the reserve”, adding that the working group is “see[ing] Donate being part of it.
The White House is considering partnership with Bitcoin miners
Created by the executive ordinance 14233 on March 6, 2025, the Bitcoin strategic reserve directs the State Treasury to the BTC assembly by means of a budget for the budget-on the basis of sweeping the forfeiture of digital assets and implementing “creative solutions” in order to gain more.
Hines said that the inter -welfare work group established as part of this order is currently being studied mechanisms that would allow industrial miners to direct parts of fresh block prizes directly to treasury portfolios, potentially in exchange for long -term contracts using power or accelerated permit. “We will cooperate with trade, we will cooperate with the Bessent Secretary of the Treasury to find these creative solutions,” said Thiel. “Public-private partnership between miners can be a phenomenal way to collect bitcoins for reserve.”
Thiel, whose company runs one of the world’s largest ASIC platforms, noticed that such a program would be increased by the shortcut indicator on the shore and will provide the government with the predictable pipeline of the newly extracted BTC. “One of the great possibilities – especially, which solves two issues – demands the Bitcoins government and helps Bitcoins miners to determine a greater indicator of the hashs in the USA – there is cooperation with the US government,” he said. Hines agreed, answering: “Absolutely. We certainly are looking forward to being part of it.”
The conversation also focused on conducting and establishing national innovation for the US Stablecouins (Genius), which recently removed the Senate Banking Commission with uncommon bilateral support and is set in a floor voting queue. Hines called the bill “really monumental”, emphasizing that immediate distribution, supported in Stablecoins dollars, will modernize payments and “secure our global domination for decades.”
He predicted that regulated stables could drive total digital market capitalization to “15-20 trillion dollars” and direct up-to-date smoothness to Bitcoins when market participants can “move in different asset classes”.
Pressed by Thied, how huge the reserve should be, Hines rejected this question as “stupid”, repeating that officials would strive for every legal way to expand resources: “We want as much bitcoins as we can accumulate.”
In particular, the executive order established an aggressive schedule: until April 5, 2025 (30 days after the signature), each federal agency was to submit both a legal and full accounting review in the chain of all owned by Bitcoin or other digital assets; Until May 5, 2025 (60 days), the secretary of the treasury had to make a legal assessment and investment to manage the strategic Bitcoin reserve and digital actions.
None of the documents was issued. When asked about silence, because Hines said last week that “there is nothing in order that he orders the report to become public”, but the administration “could make her public at some point.”
In the BTC press it traded at USD 109 034.
A distinguished painting created from Dall.e, chart from tradingview.com
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