#Trump Endorses #Bitcoin Reserve Plan Through New Legislation

U.S. President Donald Trump has publicly thrown his support behind the $BTC Act, a bold legislative proposal that would require the U.S. government to acquire one million bitcoins over the next five years. The initiative, unveiled at the $BTC 2025 conference by Senator Cynthia Lummis of Wyoming, marks a significant shift in federal cryptocurrency policy.

According to #Lummis the purchases would be funded by existing reserves held by the Federal Reserve and the U.S. Treasury, forming part of a broader push to establish Bitcoin as a strategic national asset.

The White House has reportedly assembled a digital asset task force to craft comprehensive crypto legislation. Their focus includes stablecoin regulation, market infrastructure, and the formation of a strategic $BTC reserve — a move viewed by many as a hedge against inflation and geopolitical uncertainty.

Progress on related legislation is already underway. Senator #Lummis announced that a stablecoin bill has cleared the Senate Banking Committee, with a full Senate vote expected shortly. Meanwhile, Trump’s crypto advisor David Sacks confirmed that the GENIUS Stablecoin Act passed a procedural hurdle in the Senate with bipartisan support (66–32 vote) on May 19.

If passed, the #BITCOIN Act could transform the U.S. into one of the largest institutional holders of Bitcoin — signaling a new era of crypto-integrated national strategy.