Cynthia Lummis Says Acquitisions For Strategic Bitcoin Reserve ‘Can Start Anytime’ Under Trump’s Backing
Posted On October 8, 2025
Sen. Cynthia Lummis (R-Wyo.) piqued the curiosity of cryptocurrency enthusiasts Tuesday after stating that funding for a Strategic Bitcoin (CRYPTO: BTC) Reserve can start “anytime.”
Legislating Is A Slog, Says Lummis
In an X post, Lummis said that efforts are underway to work toward the passage of a BITCOIN Act, a bill proposing the acquisition of 1 million BTC over five years, with a 20-year holding period, leveraging budget-neutral strategies like Federal Reserve remittances and gold certificate revaluations.
“Legislating is a slog, and we continue to work toward passage, but thanks to President Trump, the acquisition of funds for an SBR can start anytime,” Lummis said.
About The Author
