According to PANews, Matthew Sigel, Head of Digital Asset Research at VanEck Research, suggested on the X platform that a U.S. strategic Bitcoin reserve could help mitigate national debt. The organization has modeled this concept and released a tool on their website.
In response, Cynthia Lummis, Chair of the U.S. Senate Banking Subcommittee on Digital Assets, expressed support for the tool, describing it as innovative and worth promoting. She emphasized that Bitcoin could address the issue of reducing national debt.
