U.S PLANS NATIONAL BITCOIN RESERVE AMID RISING GLOBAL INTEREST!
The United States is indeed considering a national Bitcoin reserve, with growing support from military leaders and lawmakers. Here's what's happening :
Proposal Details: Senator Cynthia Lummis and Congressman Nick Begich introduced the BITCOIN Act, proposing the accumulation of up to 1 million Bitcoins over five years using seized digital assets. The reserve would be modeled after traditional reserves like the Strategic Petroleum Reserve.
Military Support: Senior generals stationed in Southeast Asia have expressed support for a national Bitcoin reserve, citing its potential as a tool in the US defense arsenal amid rising economic tensions with China.
Executive Order: President Donald Trump signed an executive order in March 2025, establishing a strategic Bitcoin reserve and US digital asset stockpile. The order directs the Secretary of the Treasury to assess the plan's feasibility.
Potential Benefits: A national Bitcoin reserve could enhance the country's financial resilience, reduce exposure to geopolitical risks, and provide a flexible financial instrument during crises.
Budget-Neutral Plan: The US Crypto Czar, David Sacks, stated that the government can acquire more Bitcoin if it remains budget-neutral, potentially using surplus funds from other government programs.
Timeline: Details of the reserve may be announced in the coming weeks, with some anticipating a launch soon. The Trump administration aims to pass key legislation, including the Genius Act and market structure bill, by August.
Key Players:
Senator Cynthia Lummis: A key proponent of the national Bitcoin reserve, emphasizing its potential as a safeguard for national resilience.
President Donald Trump: Signed the executive order establishing a strategic Bitcoin reserve and US digital asset stockpile.
David Sacks: US Crypto Czar, outlining the administration's crypto agenda and potential pathways for acquiring more Bitcoin.#CircleIPO #BinanceAlphaAlert #TrumpTariffs #TRUMP $BTC $TRUMP
