Crypto execs, led by Michael Saylor, push for the U.S. to accumulate 1 million BTC, establishing a Strategic Bitcoin Reserve.
Crypto executives, led by Technique co-founder Michael Saylor, have gathered in Washington to advocate for a brand new piece of laws. This invoice, often known as the BITCOIN Act, proposes the institution of a U.S. Strategic Bitcoin Reserve.
The invoice means that the U.S. buy as much as 1 million BTC over the subsequent 5 years, a transfer that would reshape the nation’s monetary panorama. The proposal has garnered assist from a bunch of key business leaders.
Bitcoin Reserve Proposal Gaining Momentum
On September 16, 2025, 18 crypto executives, together with Saylor, BitMine’s Tom Lee, and Marathon Digital CEO Fred Thiel, attended a roundtable assembly in Washington, D.C. The occasion was organized by Digital Chambers, which is actively selling the BITCOIN Act.
This laws, launched by Senator Cynthia Lummis and Consultant Nick Begich, goals to solidify the U.S. place within the cryptocurrency house.
The BITCOIN Act proposes that the U.S. authorities purchase as much as 1 million BTC over the subsequent 5 years. The proposal highlights that the U.S. might leverage “budget-neutral methods” to fund the purchases, together with revaluing gold certificates.
The initiative seeks to reinforce America’s monetary standing whereas securing digital belongings that would provide long-term financial stability.
Help for the Strategic Bitcoin Reserve Invoice
On the roundtable, Saylor emphasised the importance of Bitcoin in reshaping world monetary techniques. “Bitcoin represents financial freedom,” he said, highlighting the necessity for the U.S. to undertake Bitcoin as a strategic reserve asset.
His firm, Technique, is presently the biggest public Bitcoin holder, with over 638,000 BTC in its possession. Saylor’s involvement is seen as essential in pushing the laws ahead.
The BITCOIN Act builds upon an govt order from former President Donald Trump, which directed the U.S. authorities to determine a Bitcoin reserve. The proposed laws would codify this govt order and set a transparent path for Bitcoin acquisition.
Treasury Secretary Scott Bessent has already confirmed that the U.S. holds between $15 billion and $20 billion price of Bitcoin, primarily from seized belongings. This reserve would develop additional with the proposed purchases.
Digital Chambers Launches Treasury Council
Digital Chambers, a key group behind the push for the Strategic Bitcoin Reserve invoice, has additionally launched the Treasury Council to assist the initiative.
The Council’s members embrace outstanding figures from the crypto house, akin to Fred Thiel and Tom Lee. This group goals to construct bipartisan assist for the laws and advocate for its swift passage by Congress.
In a joint letter to Congress, the Treasury Council expressed that the BITCOIN Act would assist strengthen the U.S. financial system by stabilizing the financial system. It additionally argues that Bitcoin might function a hedge towards systemic dangers, reinforcing America’s world management in finance.
The letter urged lawmakers to expedite the invoice’s progress, guaranteeing it reaches the ground for a vote quickly.
Subsequent Steps for the BITCOIN Act
The BITCOIN Act is presently beneath assessment by the Home Monetary Companies and Senate Banking Committees. Whereas the invoice has gained substantial assist from the Republican aspect, advocates are working to construct bipartisan backing for the laws.
Hailey Miller, director of presidency relations at Digital Energy Community, said that pushing for the invoice to stay a precedence in Washington is crucial. As lawmakers proceed to handle crypto-related points, advocates are hopeful that the invoice will progress to a vote quickly.
The proposed institution of a U.S. Bitcoin reserve represents a big shift in how the nation views cryptocurrency. As the controversy continues in Washington, the assist from key business leaders, akin to Michael Saylor and others, might play a pivotal function in figuring out the invoice’s future.