Cynthia Lummis Proclaims US Military Generals Back Bitcoin Reserve Strategy
US Senator Cynthia Lummis announced that US military leaders back the idea of a strategic Bitcoin reserve, revealing this during the Bitcoin 2025 conference. Lummis highlighted the importance of economic strength alongside military power and shared that President Trump also supports her Strategic Bitcoin Reserve Act, which aims to add up to 1 million BTC to the US Treasury over a five-year period.
She urged for the US to hold at least 5% of the world's Bitcoin in reserve, similar to its gold holdings. Lummis pointed out that states like Arizona, Texas, and New Hampshire are already pushing legislation to hold Bitcoin as a strategic asset, and noted similar movements in other countries, such as the United Arab Emirates and the Czech Republic.