Trump Eyes Tariffs and Gold Revaluation to Fund Bitcoin Reserve + Considers Banning Stock Trading for Congress

Trump Administration Eyes Tariff Revenues and Gold Revaluation to Fund Strategic Bitcoin Reserve Without Taxpayer Money

The Trump administration is considering using revenues from its recent tariffs to fund the U.S. Strategic Bitcoin Reserve without relying on taxpayer money. Bo Hines, executive director of the Presidential Council of Advisers on Digital Assets, confirmed that the administration is exploring “budget-neutral” options, including revaluing Treasury gold certificates and leveraging tariff income. This initiative follows Trump’s executive order mandating the creation of the reserve and requiring federal agencies to disclose their crypto holdings. With 192,012 BTC already in the U.S. stash, the administration aims to position the country as a global Bitcoin superpower.

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Trump Considers Banning Stock Trading for Members of Congress Amid Ethics Debate

The White House has announced that President Donald Trump is considering a ban on stock trading by members of Congress. The move comes amid growing concerns about ethical standards and financial transparency among lawmakers.

With increased scrutiny over potential conflicts of interest, the proposal is seen as a step toward restoring public trust in government. While no formal policy has been introduced yet, the idea is gaining traction as part of a broader push for accountability in Washington.

Semler Scientific Files to Offer $500M in Securities, Eyes Bitcoin Purchases

Nasdaq-listed medical technology firm Semler Scientific has filed an S-3 registration statement with the U.S. Securities and Exchange Commission to offer up to $500 million in securities.

The company stated the proceeds will be used for general corporate purposes, which may include purchasing Bitcoin, signaling a growing interest in digital assets among traditional public companies.

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Bitcoin Miners Ramp Up Selling as Prices Drop and Margins Shrink

According to CryptoQuant, miners offloaded 15,000 BTC—worth at least $1.12 billion—on April 7 alone, marking the third-largest daily outflow this year. The selling surge followed Bitcoin’s drop below $80,000 amid heightened market volatility triggered by President Trump’s unpredictable tariff announcements.

With Bitcoin mining costs rising due to a record-high network hash rate and lower transaction fees, average miner margins have shrunk from 53% in January to just 33% today. CryptoQuant noted the market remains in one of its least bullish phases since late 2022.

While Bitcoin is now trading around $83,800, up nearly 9% from last week’s low, the industry’s financial stress persists. Public mining firms collectively lost 25% of their market cap—roughly $6 billion—in March, according to JP Morgan.

Despite Trump’s promises to support crypto and establish a national Bitcoin reserve, miners say high difficulty and growing costs will keep the sector under pressure for the foreseeable future.

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