US Lawmakers Advance Strategic Bitcoin Reserve Plans Amid Military and Congressional Support
US policymakers are advancing proposals to establish a national strategic Bitcoin reserve, marking a major step toward integrating Bitcoin into federal financial policy. Senator Cynthia Lummis, chair of the Senate Subcommittee on Digital Assets, revealed US military backing for a Bitcoin reserve, viewing it as vital for economic security against threats from China or sanctions. Lummis has proposed a bill for the US to acquire up to 1 million BTC, funded by the Treasury or Federal Reserve, emphasizing its importance similar to gold reserves. More recently, Congressman Tim Burchett introduced HR 3798, aiming to formalize a strategic Bitcoin reserve on a national scale. These initiatives reflect growing institutional and regulatory interest, and may spark widespread precedent for crypto asset management in US fiscal planning. The proposals remain in committee, but if passed, they are likely to influence both market sentiment and the adoption trajectory of Bitcoin, signaling a shift in US crypto policy. Traders should monitor legislative progress as any government move to acquire and hold Bitcoin could affect BTC prices and market dynamics.
Bullish
The news signals growing government and military support for a US national Bitcoin reserve, with both the Senate and Congress introducing related bills. If enacted, these actions would meaningfully increase institutional demand for Bitcoin, integrate it into federal reserves, and likely inspire further adoption by other governments. Historically, government accumulation of assets like gold or digital assets has driven price appreciation by limiting circulating supply and boosting investor confidence. Although the bills are still in committee and face legislative hurdles, the overall direction is bullish for Bitcoin. The potential for large-scale government buying, combined with rising policy attention, could generate upward pressure on BTC prices, increase institutional adoption, and positively influence market sentiment both in the short and long term.