#USCryptoReserve

The U.S. government is exploring the creation of a **Strategic Bitcoin Reserve**, with several proposals in motion.

1. **Senator Cynthia Lummis' Bitcoin Act of 2024**: This bill proposes the **U.S. Treasury acquire 1 million BTC over five years**, using **Federal Reserve remittances** to fund the purchases. The Bitcoin would be stored securely and independently audited, aiming to hedge against inflation and bolster U.S. financial leadership [oai_citation:1,Senator Lummis files 'Bitcoin Act of 2024' bill proposing a US strategic BTC reserve](https://cryptobriefing.com/strategic-bitcoin-reserve-us/).

2. **Trump Administration's Plan**: Following his election victory, Trump signaled strong support for Bitcoin and **proposed allocating 2% of the U.S. Treasury’s reserves to BTC**. This would be done through **phased purchases over 24 months**, with storage managed by **private-sector partners** alongside government institutions [oai_citation:2,The proposed US Bitcoin strategic reserve, explained](https://cointelegraph.com/learn/articles/proposed-us-bitcoin-strategic-reserve).

3. **Executive Order Drafted**: The **Bitcoin Policy Institute** has drafted an **executive order** that would place Bitcoin under the U.S. Treasury’s **Exchange Stabilization Fund (ESF)**. The plan suggests consolidating all seized government-held Bitcoin (around **200,000 BTC worth ~$21 billion**) into the reserve and stopping federal agencies from auctioning off Bitcoin in the future [oai_citation:3,Bitcoin Policy Institute Drafts Executive Order for Trump’s Strategic Bitcoin Reserve](https://cryptonews.com/news/bitcoin-policy-institute-drafts-executive-order-for-trumps-strategic-bitcoin-reserve/).

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