U.S. Congress Revives Bitcoin Reserve Bill—Aiming for 1 Million BTC Accumulation

Just 5 days after Trump signed an executive order on Bitcoin reserves, Congress is making it official. Senator Cynthia Lummis, known for her crypto-friendly stance, announced on X that she’s reintroducing a bill to strategically accumulate 1 million BTC for the U.S. government.

Her reasoning? Bitcoin isn’t just tech—it’s a necessity for U.S. financial dominance in the 21st century. She argues that enshrining Trump’s order into law will help tackle U.S. debt and boost global competitiveness.

For context, Lummis pushed a similar bill in July 2023, but it failed due to lack of support and feasibility concerns. Will this time be different? Is the U.S. turning into the next Bitcoin whale? Let’s hear your thoughts!

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