US Lawmakers and Execs Don Back BITCOIN Act to Create 1M BTC Reserve
US lawmakers dem and digital asset oga dem don rally behind di BITCOIN Act to set up one strategic Bitcoin Reserve, wey aim to buy up to 1 million BTC for five years using budget-neutral ways like revaluing gold certificates and Federal Reserve earnings. Key sponsors include Senators Cynthia Lummis and Ted Cruz, Representative Nick Begich, plus industry oga Michael Saylor and Brian Armstrong. People for Digital Chambers roundtable for Washington, D.C. beg Congress make dem codify one Trump-era executive order wey ban di sale of seized coins. Treasury Secretary Scott Bessent confirm say US already get $15–$20 billion for seized Bitcoin. Dem wey dey support talk say di new Bitcoin Reserve go strengthen national reserves, cover against systemic risks, increase market demand for Bitcoin, speed up adoption, and make dollar strong for global level.
Bullish
Government plan say to get up to 1 million BTC within five years show say new big demand dey for Bitcoin, e dey support price both short and long term. For how near, better policy news and support from both sides dey boost traders mind and fit make dem start to buy for speculation. As time dey go, adding strategic Bitcoin Reserve go make institution dem trust am more, reduce how much supply dey, and make market confidence strong, e go put sustained upward pressure on BTC.