In August 2024, over 2,200 letters were sent to U.S. senators within 48 hours, urging support for Senator Cynthia Lummis's proposed Strategic Bitcoin Reserve bill. The campaign garnered bipartisan attention, with 1,333 letters directed to Democratic senators, 850 to Republicans, and 41 to Independents, highlighting widespread interest in Bitcoin's strategic value across political lines . (2,200 letters of support for ‘Bitcoin Strategic Reserve’ bill sent to US senators — TradingView News, Bitcoin Strategic Reserve Bill Receives Huge Support; 2200 Letters Sent To Senators To Support The Bill)
Introduced on July 31, the bill aims to establish a national reserve of Bitcoin, directing the U.S. government to acquire approximately 1 million BTC—about 5% of the total supply. The proposal suggests using existing U.S. Treasury funds to purchase Bitcoin, positioning the U.S. as a leader in cryptocurrency adoption and secure management . (2,200 letters of support for ‘Bitcoin Strategic Reserve’ bill sent to US senators)
Senator Lummis, a prominent advocate for cryptocurrencies, emphasized that this initiative could serve as a pivotal moment for the country, akin to the Louisiana Purchase, to protect future generations from economic uncertainty . (Support For Bitcoin Strategic Reserve Soars: 2,200 Letters Flood Senate – Crypto and Bitcoin News)
The swift response to the bill reflects a growing recognition of Bitcoin's potential role in national financial strategies. (Support For Bitcoin Strategic Reserve Soars: 2,200 Letters Flood Senate – Crypto and Bitcoin News)
