The Bitcoin Policy Institute (BPI) has published a report titled “Digital Gold: Evaluating a Strategic Bitcoin Reserve for the United States”, arguing that the U.S. should consider building a strategic bitcoin reserve, or SBR, to strengthen economic resilience and national influence. The report frames bitcoin as a potential sovereign reserve asset that could complement existing financial tools in a more volatile global environment.
Matthew Pines, BPI’s head of strategy, said such a reserve could reinforce U.S. interests amid growing instability and international competition. In the report, bitcoin is presented as a form of “digital gold,” with potential relevance not only for reserve diversification but also for broader monetary, geopolitical, and technological strategy.
Four key benefits highlighted
BPI outlines four major advantages. First, holding bitcoin could help hedge against monetary debasement and support economic stability. Second, as alternative digital currency systems expand globally, a U.S. bitcoin reserve could provide added geopolitical leverage. Third, the institute links bitcoin mining to energy investment opportunities, suggesting that reserve policy and infrastructure development could reinforce each other. Fourth, the report says an SBR could also support financial inclusion and democratic values.
A phased approach to implementation
For execution, BPI recommends a phased acquisition strategy rather than an immediate large-scale purchase. It also calls for clear regulatory frameworks and integration with renewable energy systems to improve long-term viability. Overall, the report is designed to inform policymakers and encourage a more forward-looking view of how digital asset reserves may fit into future U.S. national strategy.

