🚨🚨 #USCongress 🚨$BTC 🚨🚨

🚨 BREAKING: U.S. Congressman Nick Begich to Introduce Strategic #Bitcoin Reserve Legislation in the House Today to Acquire 1 Million BTC. 💸🔥

🇺🇸 Legislative Initiative: Congressman Nick Begich (R-AK) is set to introduce the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2024 (BITCOIN Act) in the House today.

🤝 Senate Collaboration: Senator Cynthia Lummis (R-WY), a prominent Bitcoin advocate, is sponsoring the companion bill in the Senate.

💰 Acquisition Plan: The legislation proposes that the U.S. Department of the Treasury purchase 1 million BTC over a five-year period, aiming to secure approximately 5% of Bitcoin's total supply.

🔒 Long-Term Strategy: All acquired Bitcoin would be held in a Strategic Bitcoin Reserve for at least 20 years, underscoring a commitment to long-term asset appreciation.

🏦 Funding Mechanism: The initiative plans to finance these purchases by reallocating $6 billion annually from the Federal Reserve's discretionary surplus fund.

📈 National Objective: This move aligns with efforts to position the United States as a leading force in the global Bitcoin landscape, reflecting a strategic embrace of digital assets.

This groundbreaking proposal signifies a pivotal shift in U.S. financial strategy, potentially reshaping the nation's economic framework in the digital age.