Bo Hines, the White House’s top digital assets policy adviser under President Donald Trump, is leaving after eight months running the administration’s strategy.
The 29-year-old executive director of the White House Crypto Council says he’s going back to the private sector — but will work part-time in government as an adviser on artificial intelligence alongside AI & Crypto Czar David Sacks.
Hines said on X:
“Serving in President Trump’s administration and working alongside our brilliant AI & Crypto Czar, David Sacks, as Executive Director of the White House Crypto Council, has been the honor of a lifetime.”
He added: “Together, we have positioned America as the crypto capital of the world.”
Hines was appointed in December 2024 and led several major digital asset policy initiatives, including a July 2025 regulatory action plan for digital assets, the first-ever White House Crypto Summit, and the launch of the Genius Act.
He also drove efforts to build a national Strategic Bitcoin Reserve, which he described as a cornerstone for U.S. financial security in the digital age.
Patrick Witt, the council’s deputy director and former Pentagon technology official, is expected to take over for Hines.
Witt has overseen programs at DARPA, the Missile Defense Agency, and has worked in strategic capital management roles at the Department of Defense.
According to Sacks, Witt will work alongside CFTC senior policy adviser Harry Jung to push forward pending legislation such as the Clarity Act, and implement the council’s recommendations.
One of Hines’ biggest projects was the creation of a national Strategic Bitcoin Reserve.
In January, President Trump signed an executive order establishing the national bitcoin reserve and a “U.S. digital asset stockpile.”
The order prohibits selling any government held-bitcoin and mandates “budget-neutral” ways to acquire more — meaning no extra cost to taxpayers.
To meet that requirement, Hines proposed revaluing U.S. gold holdings. Currently, the gold on the government’s books is priced at $42.22 per troy ounce compared to about $3,400 on the spot market.
Hines suggested that the gains from revaluation could be partially converted into bitcoin.
Some of the gold, once revalued, could be exchanged for bitcoin, boosting the country’s bitcoin reserves without adding any extra cost to the national budget.
Related: Senator Lummis Proposes Selling Gold to Bolster Bitcoin Reserves
But the reserve has faced delays and criticism over transparency.
In a recent interview, Hines refrained from stating how much bitcoin the government actually holds, citing “several reasons we’re not disclosing that at this time.”
Some reports say it’s as low as 29,000 BTC — much less than the 200,000 Sacks once claimed — with disputes over whether seized assets count as government property, causing the confusion.
Witt’s promotion could mean a change of direction.
Observers say this means the administration is moving from policy theory to direct investment in bitcoin infrastructure, making it part of the nation’s economic and foreign policy toolkit.
Bo Hines’ resignation comes as the Trump administration is making a series of pro-Bitcoin moves.
In addition to the bitcoin reserve order, President Trump signed measures to urge regulators to allow 401(k) retirement plans to include bitcoin and digital assets, end “debanking” practices targeting lawful digital asset firms, and nominated digital asset advocate Stephen Miran to the Federal Reserve Board of Governors.
