The United States could soon become the largest Bitcoin holder in the world. On Friday, Senator Cynthia Lummis announced that Donald Trump supports her proposed legislation requiring the federal government to accumulate up to 1 million Bitcoins (BTC) as part of a new strategic reserve.
🗣️ Trump’s Support: America Must Lead in Financial Innovation
In her speech to the Senate, Lummis stated:
“President Trump supports my initiative to establish a strategic Bitcoin reserve. This plan not only addresses our national debt, but also secures America’s leadership in global financial innovation.”
🔐 Lummis: Bitcoin Empowers Everyday People
The senator also emphasized that Bitcoin gives power back to the people:
“Bitcoin gives ordinary Americans, and working people around the world, control over their money. As adoption grows, the system becomes more secure, more resilient, and more capable of serving our global needs. The U.S. must lead the way.”
🪙 The Plan: 1 Million BTC in 5 Years
The proposed bill would commit the U.S. government to acquire 1 million BTC over the course of five years. That’s nearly 5% of the total Bitcoin supply, which is capped at 21 million.
Currently, the U.S. holds around 198,000 BTC, mostly from seized criminal assets, worth approximately $19 billion. To reach the 1 million BTC goal, the government would need to invest roughly $76 billion—at current prices.
📈 A Market Shock in the Making?
Experts warn that such a massive acquisition could trigger a major price surge. Unlike traditional assets, Bitcoin is relatively illiquid, meaning even moderate demand can drive significant price increases.
Moreover, the U.S. would face competition from other Bitcoin powerhouses like Strategy, which recently announced an $84 million investment into BTC.
🧩 Summary:
Senator Lummis’ proposal represents an ambitious step toward digitizing U.S. national reserves. If passed, the plan could reshape global financial dynamics—and set Bitcoin on a path toward another historic bull run.
#bitcoin , #CryptoNewss , #TRUMP , #BTCReserve , #USPolitics
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