Lawmakers Push Forward Bitcoin Reserve Talks 🇺🇸
US lawmakers are set to meet with 18 top crypto industry executives, including Michael Saylor of Strategy and Tom Lee of BitMine, to discuss the future of the BITCOIN Act.
The bill, introduced by Senator Cynthia Lummis in March, would require the US government to acquire one million Bitcoin over five years. The plan is part of President Donald Trump’s Strategic Bitcoin Reserve initiative.
What Is the BITCOIN Act? 📜
The BITCOIN Act calls for the Treasury and Federal Reserve to finance Bitcoin purchases through budget-neutral strategies — meaning taxpayers wouldn’t bear the cost.
Potential funding methods being explored include:
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Reevaluating the Treasury’s gold certificates.
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Using tariff revenue to cover Bitcoin acquisitions.
This initiative follows the passage of the GENIUS Act stablecoin bill in July, marking Bitcoin as the next major legislative focus.
Industry Leaders at the Table 🤝
Alongside Saylor and Lee, other key figures joining the roundtable include:
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Fred Thiel – CEO of MARA.
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Matt Schultz & Margeaux Plaisted – CleanSpark.
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Haris Basit – Bitdeer.
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Executives from venture capital firms like Off the Chain Capital and Reserve One.
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Representatives from TradFi institutions, including Western Alliance Bank and Blue Square Wealth.
The session will be hosted by The Digital Chambers and The Digital Power Network, groups advocating for pro-Bitcoin policies.
Key Goals of the Meeting 🎯
The roundtable aims to:
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Explore budget-neutral ways to build the Strategic Bitcoin Reserve.
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Address concerns from lawmakers that have stalled the bill in recent months.
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Strengthen a coalition of industry and government leaders to push the legislation forward.
Executives will pitch funding ideas and seek clarity on political roadblocks. The overarching mission: ensure the US secures a strong position in the global Bitcoin economy.
Why This Matters for Bitcoin 🌐
If passed, the BITCOIN Act could mark the largest government-led Bitcoin accumulation in history, further legitimizing crypto as a strategic reserve asset.
With over $115,000 per BTC, the US acquiring one million coins would send a powerful message — one that could reshape both global finance and Bitcoin’s long-term trajectory.
Final Thoughts 🚀
This meeting is a major step in bridging Washington and Bitcoin. With Michael Saylor, Tom Lee, and other leaders involved, the momentum behind the BITCOIN Act could gain serious traction.
👉 Stay updated on the latest Bitcoin legislation at CryptoDiceNews Blog.
