Wyoming Senator Cynthia Lummis is set to discuss her proposal for a strategic Bitcoin reserve in the United States, following the U.S. presidential election. She will be joined by industry figures like MicroStrategy Executive Chair Michael Saylor, VanEck’s Matthew Sigel, and VanEck CEO Jan van Eck.
Lummis’ Bitcoin Reserve Act aims to secure a BTC reserve to strengthen the nation’s financial position, with a mid-2025 implementation target. She believes a Bitcoin reserve could address a portion of the national debt, which has surpassed $36 trillion. The idea has attracted support and skepticism, highlighting the polarized views on digital assets in government policy discussions.
Some market analysts predict the potential BTC reserve could see renewed focus after Donald Trump’s recent election win.