At the Bitcoin for America Summit hosted by the Bitcoin Policy Institute in Washington, D.C., Senator Cynthia Lummis (Wyoming) and Congressman Nick Begich (Alaska) unveiled landmark legislation aimed at establishing a U.S. Strategic Bitcoin Reserve.
🇺🇸 The Bitcoin Act of 2025
Senator Lummis announced the reintroduction of the Bitcoin Act, a bill that would mandate the U.S. government to purchase 1 million BTC over the coming years. The goal: to secure America’s financial sovereignty and embed Bitcoin into the country’s long-term economic strategy.
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Initial Reserve: Begins with ~200,000 BTC from federal seizures
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Target: Accumulate 1 million BTC by 2029
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Holding Period: Locked for a minimum of 20 years
Congressman Nick Begich is mirroring the initiative in the House of Representatives, bringing the Bitcoin Act to both chambers.
🧾 Cosponsors & Political Backing
The Senate version is cosponsored by:
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Jim Justice (West Virginia)
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Tommy Tubberville (Alabama)
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Marsha Blackburn (Tennessee)
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Roger Marshall (Kansas)
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Bernie Moreno (Ohio)
Begich also revealed that his House bill already has six original cosponsors. The momentum reflects growing bipartisan interest in integrating Bitcoin into national strategy.
🏛️ Executive Order vs. Legislative Action
Just last week, President Donald Trump signed an executive order to create a federal Bitcoin reserve using seized BTC—estimated at 200,000 BTC. But as Lummis emphasized, executive orders can be reversed by future administrations.
“The Bitcoin Act of 2025 would codify this initiative into law,” said Lummis, “ensuring continuity and long-term protection of the Bitcoin reserve.”
📊 Economic Impact: VanEck’s Projection
VanEck, a leading $115 billion asset manager, stated that a Bitcoin reserve could:
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Offset up to $21 trillion in U.S. debt by 2049
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Provide fiscal stability in a de-dollarizing world
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Bolster America’s digital economic leadership
💬 Closing Remarks
“The momentum is in our hands,” Lummis concluded.
“Thankfully, President Trump is with us—and the opportunities are boundless.”
If passed, the Bitcoin Act of 2025 could position the U.S. as the first major power to integrate Bitcoin into national reserves with long-term, legislated security.