According to ChainCatcher, U.S. Senator Cynthia Lummis stated at the Bitcoin 2025 conference that President Trump supports the Bitcoin bill. The bill instructs the U.S. government to purchase 1 million bitcoins within 5 years, with funding coming from the Federal Reserve System and existing funds from the Treasury.
Lummis revealed that the Trump administration's team is working on legislative issues regarding digital assets such as stablecoins, market structure, and Bitcoin strategic reserves, which are expected to be introduced in this order.
