Sen. Cynthia Lummis reintroduced the Bitcoin Act to authorize the U.S. government to buy up 1 million additional Bitcoin

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Senator Cynthia Lummis has reintroduced the BITCOIN Act, a bill that proposes the U.S. government acquire 1 million BTC ($80 billion) over five years to establish a national strategic Bitcoin reserve. The legislation follows President Trump’s executive order, which formalized the management of seized Bitcoin but did not authorize new purchases.

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5:00am, Tuesday, March 11, 2025

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Senator Cynthia Lummis reintroduced the BITCOIN Act today while attending a Bitcoin-focused conference hosted by the Bitcoin Policy Institute

Sen. Cynthia Lummis (R-WY) introduced a bill in the U.S. Senate Tuesday that would authorize the U.S. government to buy up one million additional Bitcoin and codify President Donald Trump’s pledged strategic Bitcoin reserve

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Cynthia Lummis

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United States Senate